Answer:
Still required. See 12 CFR 21.4 for National Banks, 12 CFR 168.4 for Savings Associations, 12 CFR 326.4 for State Non-Member Banks, and 12 CFR 208.61(d) for State Member Banks.
Report to Board Annually on Security-Not Required?
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Question:
I am being told I do not need to report to the Board annually on Security. Is this true and, if so, when did that change?
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