According to Donald Saxinger (senior examination specialist in FDIC’s Technology Supervision Branch) in a telephone briefing given to the ABA in
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The Financial Institutions Examination Fairness and Reform Act (and why you should care)
Although it’s currently stuck in committee, financial institutions should be aware of this bill and track it closely in the next congressional session...
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“2 is the new 1″…or is it? (with poll)
UPDATED – October, 2012 – Two institutions in the past ten days have told me
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2012 Compliance Trends, Part 3 – Management
I’ve written about the importance of this before, and from many different angles, but I
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Material Loss Reviews: Does responsibility = liability?
I asked in my previous post whether or not the regulators should share any of
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Exam preparation – less equals more?
One of the more surprising findings from my recent examination experience survey (thanks again to
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The IT Strategic Plan – Why, Who, & How
One of the most common examination findings recently (particularly with the FDIC) has been the
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The Control Self-Assessment (CSA)
If there was a process that was mentioned 43 times in 7 of the 12
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IT Composite Ratings: 1 vs. 2
In a recent survey conducted with our customers, we asked them to tell us (anonymously)
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Management of IT reflects overall management
(This is an extract from an article written for Bank Technology News. The full article is here.) One of the reasons compelling the shift towards increased focus on IT is found in the only non-financial element in the CAMELS ratings: management...