The Risk Management Flash - Vol 2 Issue 4

A summary of risk management developments for regional and community financial institutions

Topics Covered in this Issue
  • OCC Outlines Bank Fraud Risk Management Principles
  • OCC Updates Comptroller’s Handbook
  • OCC Announces Reorganization
  • FDIC Clarifies Risk-Focused Approach To Exam Policies
  • FDIC’s Office Of Ombudsman To Administer Post-Exam Survey Process
  • FDIC Final Rule Sets Community Bank Leverage Ratio At Nine Percent
  • FDIC Risk Review Publication Released
  • FFIEC Encourages Standardized Approach To Assessing Cybersecurity Preparedness
  • Joint Agency Statement Emphasizes Risk-Based Approach To BSA / AML Exams
  • House Passes SAFE Banking Act
  • Agencies Finalize Volcker Rule Exemption For Community Banks
  • Volcker Rule Overhaul
  • FDIC To Host Listening Sessions On Exam Appeals, Dispute Resolution
  • FASB Proposes Delay In CECL Implementation For Some Institutions
  • Risk Management Association (RMA) Mid-South Enterprise Risk Management/Operational Risk Management (ERM / ORM) Chapter Survey Results
  • 2019 AICPA National Conference On Banks and Savings Institutions Highlights
OCC Outlines Bank Fraud Risk Management Principles

The OCC issued a fully revised edition of the “Corporate and Risk Governance” booklet of the Comptroller’s Handbook. The agency also updated its “Internal and External Audits” booklet. See

OCC Updates Comptroller's Handbook

By the end of next year, the OCC will employ a single supervisory platform instead of separate platforms for large versus community and midsize banks. The OCC also has updated the Foreword booklet of its Comptroller’s Handbook, which describes the overall organization and format of the handbook. The updated booklet replaces a previous version issued in September 2017. Read the OCC Comptroller’s Handbook updates here:

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