Inspection / Evaluation · Federal Deposit Insurance Corporation OIG · 2023-05-10 · about Federal Deposit Insurance Corporation
| # | Status | Text |
|---|---|---|
| 1 | Closed | Develop and implement guidance to examination staff on the credit, operational (including fraud), liquidity, and compliance risks related to Government-guaranteed loans to ensure staff adequately plans and conducts examinations to identify and address… |
| 10 | Closed | Develop and implement a training plan to ensure examination staff are trained on the requirements and risks of Government-guaranteed loan programs. |
| 11 | Closed | Update, develop, and distribute to FDIC examination personnel a list of FDIC examiners who have significant experience examining banks that specialize in Government-guaranteed loan programs to regional offices. |
| 12 | Closed | Develop and implement a process to obtain improved data regarding Government-guaranteed lending activities of FDIC-supervised financialinstitutions. |
| 13 | Closed | Update the [redacted] MOU to include the sharing of loan portfolio information such as historical loan performance, status of guaranty, and loan-level risk characteristics. |
| 14 | Closed | Establish arrangements with other Federal agencies that administer Government-guaranteed loan programs to facilitate information sharing andproactive identification of risk. |
| 15 | Closed | Develop and implement processes and procedures for the routine sharing, receipt, and storage of confidential information with Federal agencies that administer Government-guaranteed loan programs. |
| 16 | Closed | Develop and implement guidance to provide instruction to FDIC bank examination staff requiring communication and information sharing with Federal agencies that administer Government-guaranteed loan programs to ensure FDIC staff and the Federal… |
| 17 | Closed | Determine whether other Federal agencies that administer Government-guaranteed loan programs have a list of FDIC-supervised banks with high risk factors associated with such programs and develop protocols to share information with relevant FDIC… |
| 18 | Closed | Develop and implement guidance to ensure relevant risk information exchanged with Federal Government agencies that administer Government-guaranteed loan programs is shared internally within the FDIC on an ongoing basis with the appropriate FDIC… |
| 19 | Closed | Develop and implement updated FDIC examination guidance to establish an appropriate timeframe for uploading complete supervisory business records to RADD. |
| 2 | Closed | Develop and implement guidance to examination staff to ensure the staff consistently evaluate Government-guaranteed loans in their review of loan classification, assessment of off-balance sheet risk, concentration risk, and ongoing monitoring. |
| 3 | Closed | Update and implement the Examination Profile Script to include additional questions on financial institution participation in Government-guaranteed loan programs in order to identify and address emerging risk. |
| 4 | Closed | Develop and implement additional items to the Safety and Soundness Request List to identify Government-guaranteed loans, the performance of those loans, and status of the guaranty. |
| 5 | Closed | Issue and implement guidance to require that examination staff conduct a fraud risk assessment on future Government-guaranteed loan programs involving FDIC-insured and FDIC-supervised financial institutions to inform policy decisions. |
| 6 | Closed | Ensure guidance on future Government-guaranteed loan programs includes all risks associated with such programs and has instructions to allow for consistency in supervisory activities. |
| 7 | Closed | Issue and implement guidance for examiners clarifying the FDIC supervisory expectations for reviewing bank PPP activities, including the level of PPP loan volume triggering a heightened review, how examiners should assess the PPP activities of banks… |
| 8 | Closed | Revise and implement FDIC guidance and practices for assessing concentrations and loan classification to ensure uniform application with the other Federal bank regulators of supervisory approaches to banks |
| 9 | Closed | Coordinate with the other Federal bank regulators to ensure uniform application of supervisory approaches to banks regarding concentrations and loan classification. |