Fed OIG report highlights need for enhanced training in community bank supervision
By EsqSocial Corporation 17/03/25
On March 3, the OIG for the Fed and CFPB published a report titled “The Bank Exams Tailored to Risk Process Promotes Risk-Focused Supervision of Community Banking Organizations, but Training Can Be Enhanced,” evaluating the effectiveness of the Bank Exams Tailored to Risk (BETR) process implemented by the Fed. The report highlighted how the BETR process promotes a risk-focused approach to supervising community banking organizations, ensuring that supervisory efforts are aligned with the specific...
By: Orrick, Herrington & Sutcliffe LLP