|
Risk Management Manual of Examination Policies | July 26, 2022 |
|
|
Thank you for opting to receive emails alerting you when the FDIC’s Risk Management Manual of Examination Policies (RMS Manual) is updated.
July 2022 Update
-
Section 1 – Management: Enhancements were made to Section 1 of the manual, these include:
- Reorganization to improve flow, clarity, and expansion of discussions about trust department policies, strategic planning, incentive compensation, dominant managers, management information systems, account reviews, and meetings between examiners and trust department management.
The Trust Manual provides FDIC examiners information relating to trust concepts, principles, common and statutory laws, and regulations that govern the behavior of fiduciaries. The FDIC conducts examinations at financial institutions to ensure public confidence in the banking system and to protect the Deposit Insurance Fund. The Trust Manual promotes consistency in trust and fiduciary examination activities, which center on evaluating an institution trust department’s management, operations, earnings, asset management, and adherence to laws and regulations.
###
|
|
The FDIC does not send unsolicited e-mail. If this publication has reached you in error, or if you no longer wish to receive this service, please unsubscribe. |
|
|
|
