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#1521600 - 03/15/11 05:47 AM Required policies
WHAT ?!?! Offline
Member
WHAT ?!?!
Joined: Dec 2006
Posts: 67
Does the FRB have a list of required policies? We were reviewing our list and trying to decide if we could consolidate some of them into other policies.

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Risk Management
#1522325 - 03/16/11 12:13 PM Re: Required policies WHAT ?!?!
CEK Offline
Junior Member
Joined: Jul 2009
Posts: 34
GA
Hey Scott f, below are a couple of links they be helpful.The first link is to OCC's list of required policies:

http://www.occ.gov/static/licensing/form-min-policies-procedures-checklist-v2.pdf

Also, this link http://www.kansascityfed.org/Publicat/BasicsforBankDirectors/BasicsforBankDirectors.pdf provides guidance to the BODs regarding the policies that should be in place.

As the regulators would say: a bank should have policies in place that provides "risk limits" based upon the size and complexity of the institution.
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