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Association of International Bank Auditors
June 13, 2013
AGENDA
• OCC Priorities on Large Banks (LB) and Federal Branches– Heightened Expectations– BSA/AML
• Other Key Supervisory Priorities
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Heightened Expectations for LBs
• Board Credible Challenge
• Talent Management
• Risk Appetite*
• Strong Risk Management*
• Strong Audit Function*
• Sanctity of the National Bank Charter
3*Applicable to certain Federal Branches
Strong Internal Audit - Hindrances
• Audit Effectiveness
• Talent Gaps
• Timeframe for build out of new processes and practices
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Bank Secrecy Act/Anti-Money Laundering
• Consideration of BSA/AML Examination Findings in ROCA and OCC’s Risk Assessment System
• Matters Requiring Attention (MRA) Trending up
• Internal Controls and Independent Testing
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Discussion
Questions/Feedback?
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