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FRB - 2022-FMIC-B-004 - 1

Closed · 2022-02-28

From report

Report
The Board Has Effective Processes to Collect, Aggregate, Validate, and Report CARES Act Lending Program Data
OIG report number
2022-FMIC-B-004
Recommendation number
1

Recommendation text

Document the key decision to rely on Reserve Bank internal controls to gain assurance over publicly reported transaction-specific CARES Act data, as well as the rationale for that decision.