Financial Institution Letter
FIL-31-2017
July 26, 2017
Update to the Risk Management Manual of Examination
Policies
Summary: The FDIC Risk Management Manual of Examination Policies (Examination Manual) has been
updated. The Report of Examination Instructions were updated primarily to incorporate guidance from the FDIC
Board of Directors to examiners regarding supervisory recommendations, including matters requiring board
attention (MRBA) and deviations from safety and soundness principles underlying statements of policy, among
others. Instructions also were added for new Report of Examination schedules or updated for existing schedules
as needed. A new Bank of Anytown reflects these instructions. The updated Manual is available on the FDIC’s
website as a resource for all FDIC-supervised institutions.
Statement of Applicability to Institutions with Total Assets Under $1 Billion: This FIL applies to all FDIC-
supervised financial institutions.
Suggested Distribution:
FDIC-Supervised Banks (Commercial and
Savings)
Highlights:
The revised Report of Examination Instructions:
Implement the July 29, 2016, FDIC Board of Directors statement
on the Development and Communication of Supervisory
Recommendations, by instructing examiners that:
o Supervisory Recommendations must address meaningful
concerns; be communicated clearly and in writing in a Report
of Examination (ROE) or on official FDIC letterhead; and
discuss corrective action;
o Supervisory Recommendations in ROEs are to be
communicated on the Examination Conclusion and
Comments (ECC), Risk Management Assessment, or the
MRBA schedules as appropriate; and
o Supervisory Recommendations related to deviations from the
safety and soundness principles underlying statements of
policy, guidance, or guidelines that are not included as
appendices to FDIC Rules and Regulations are to be
summarized on the ECC schedule and discussed in more
detail on other report schedules including the MRBA
schedule, if appropriate.
Include updated instructions for preparing the ECC and
Concentrations schedules as well as the Officer’s Questionnaire.
Include instructions for the Information Technology and
Operations Risk Assessment schedule added to the ROE last
fall.
The new Bank of Anytown reflects the new or revised ROE
instructions.
Suggested Routing:
Chief Executive Officer
Chief Compliance Officer
Chief Risk Officer
Related Topics:
Risk Management Manual of Examination Policies
Section 16.1 (Report of Examination Instructions)
Risk Management Manual of Examination Policies
Section 17.1 (Bank of Anytown)
Risk Management Manual of Examination Policies
Section 4.5 (Violations of Laws and Regulations)
Statement of FDIC Board of Directors on the
Development and Communication of Supervisory
Recommendations, July 29, 2016
Contact: Senior Examination Specialist Karen
Jones Currie at (202) 898-3981 or
KCurrie@fdic.gov
Note:
FDIC Financial Institution Letters (FILs) may be
accessed from the FDIC's website at:
https://www.fdic.gov/news/news/financial/2017/.
To receive FILs electronically, please visit
https://service.govdelivery.com/accounts/USFDIC/
subscriber/new.
Paper copies of FDIC FILs may be obtained through the
FDIC's Public Information Center, 3501 Fairfax Drive,
Room E 1002, Arlington, VA 22226 (1-877-275-3342 or
703-562-2200).
Federal Deposit Insurance Corporation
550 17th Street NW, Washington, D.C. 20429-9990
FIL-31-2017
July 26, 2017
Update to the Risk Management Manual of Examination
Policies
Summary: The FDIC Risk Management Manual of Examination Policies (Examination Manual) has been
updated. The Report of Examination Instructions were updated primarily to incorporate guidance from the FDIC
Board of Directors to examiners regarding supervisory recommendations, including matters requiring board
attention (MRBA) and deviations from safety and soundness principles underlying statements of policy, among
others. Instructions also were added for new Report of Examination schedules or updated for existing schedules
as needed. A new Bank of Anytown reflects these instructions. The updated Manual is available on the FDIC’s
website as a resource for all FDIC-supervised institutions.
Statement of Applicability to Institutions with Total Assets Under $1 Billion: This FIL applies to all FDIC-
supervised financial institutions.
Suggested Distribution:
FDIC-Supervised Banks (Commercial and
Savings)
Highlights:
The revised Report of Examination Instructions:
Implement the July 29, 2016, FDIC Board of Directors statement
on the Development and Communication of Supervisory
Recommendations, by instructing examiners that:
o Supervisory Recommendations must address meaningful
concerns; be communicated clearly and in writing in a Report
of Examination (ROE) or on official FDIC letterhead; and
discuss corrective action;
o Supervisory Recommendations in ROEs are to be
communicated on the Examination Conclusion and
Comments (ECC), Risk Management Assessment, or the
MRBA schedules as appropriate; and
o Supervisory Recommendations related to deviations from the
safety and soundness principles underlying statements of
policy, guidance, or guidelines that are not included as
appendices to FDIC Rules and Regulations are to be
summarized on the ECC schedule and discussed in more
detail on other report schedules including the MRBA
schedule, if appropriate.
Include updated instructions for preparing the ECC and
Concentrations schedules as well as the Officer’s Questionnaire.
Include instructions for the Information Technology and
Operations Risk Assessment schedule added to the ROE last
fall.
The new Bank of Anytown reflects the new or revised ROE
instructions.
Suggested Routing:
Chief Executive Officer
Chief Compliance Officer
Chief Risk Officer
Related Topics:
Risk Management Manual of Examination Policies
Section 16.1 (Report of Examination Instructions)
Risk Management Manual of Examination Policies
Section 17.1 (Bank of Anytown)
Risk Management Manual of Examination Policies
Section 4.5 (Violations of Laws and Regulations)
Statement of FDIC Board of Directors on the
Development and Communication of Supervisory
Recommendations, July 29, 2016
Contact: Senior Examination Specialist Karen
Jones Currie at (202) 898-3981 or
KCurrie@fdic.gov
Note:
FDIC Financial Institution Letters (FILs) may be
accessed from the FDIC's website at:
https://www.fdic.gov/news/news/financial/2017/.
To receive FILs electronically, please visit
https://service.govdelivery.com/accounts/USFDIC/
subscriber/new.
Paper copies of FDIC FILs may be obtained through the
FDIC's Public Information Center, 3501 Fairfax Drive,
Room E 1002, Arlington, VA 22226 (1-877-275-3342 or
703-562-2200).
Federal Deposit Insurance Corporation
550 17th Street NW, Washington, D.C. 20429-9990