Supervisory Information and the Frequency of Bank Examinations
The courts recognize that the report of a bank examiners (80) is protected by a qualified privilege, known as a bank examination
Dahl, "Scheduling Bank Examinations
," working paper (1999), Federal Deposit Insurance Corporation.
Suppose that a single government entity provides deposit insurance and performs bank examinations
The results of bank examinations
are intended for bank directors and management only.
Comparison of Traditional Bank Examinations
with Risk-Focused Supervision for LCBOs Traditional Bank Examinations
Risk-Focused Supervision for LCBOs Supervisory process is focused on Supervisory process is continuous a single point in time and is and is more tuned to market rarely continuous unless there developments.
When bank examiners were directed to increase the stringency of bank examinations
, they eagerly complied.
enable supervisors to confirm the accuracy of information in regulatory reports.
To listen to them whine about bank examinations
, one would think they were being subjected to physical torture.
This legislation reduces the discretion that federal bank supervisors once had in scheduling bank examinations
Toward this end, bank examinations
must be more frequent and more thorough than has been generally the case in recent years.
As new guidance and regulations continue to emerge within the industry, we remain dedicated to preparing our customers and find that our strong focus on building customer relationships by providing valuable expert advice, reviews and reinforcement results in a high level of customer retention, which allows us to continue growing the level of services we offer to ensure institutions are ready for bank examinations