What are the total assets of all OCC-supervised banks?
Are digital documents easier to audit than paper?
Which consumes more resources for a bank: preparing for exams or audits?
How long should it take us to prepare for an audit?
Is it worth it to go "paperless" for audit / exam preparation?
Our recent examiner said we must work up a potential SAR report for summonses & subpoenas. Does this apply if the subpoena is on a former customer (currently closed)?
Is an Enterprise Risk Assessment required for banks of a certain asset size, or by a certain regulatory agency?
According to the FDIC's BSA examination procedures dated 10/17/03, the financial institution needs to maintain appropriate records of search results under the USA PATRIOT Act Section 314(a). I'd like to know what kind of recordkeeping would satisfy the regulatory requirement. Do we need to keep FinCEN's requests on file? Why or why not?
Are there instructions and forms for back-filing CTRs and specific information or examples as to when back-filing is required?