Complex Structured Finance Activities: Interagency Statement on Sound Practices for Activities With Elevated Risk

Details

• Publisher's site:
  https://www.fdic.gov
• Corporate Authors:
  Federal Deposit Insurance Corporation (FDIC)
• Description:
  The FDIC, along with the other federal banking agencies and the Securities and Exchange Commission, is issuing the attached statement for public comment. The statement informs financial institutions of the internal controls and risk-management procedures that should be used to identify, manage and address the heightened legal or reputational risks that may arise from their involvement in certain complex structured finance transactions. The FDIC will accept comments on this statement through June 15, 2006.
• Subject:
  Lending / Investments
• Dataset Download URL:
  https://www.fdic.gov/news/financial-institution-letters/2006/fil06045.html
• Format:
  PDF
• Release Date:
  05/16/2006
• Update Date:
  11/18/2018
• Withdrawn Date:
  12/01/2018
• Agencies Involved:
  Federal Deposit Insurance Corporation (FDIC)
• Fdic Employee Involved:
  Jason C. Cave ; Bobby R. Bean
• Comment Period End Date:
  06/15/2006
• Source:
  FDIC Website
• Memorandum To:
  FDIC-Supervised Banks (Commercial and Savings)
• FIL Number:
  FIL-45-2006
• Main Document Checksum:
  urn:sha256:e4c5d91f711931adcbcd3877337042a2ecea6344f68ab9a6f532a2d24565fbcf
• Download URL:
  https://archive.fdic.gov/view/fdic/7482/fdic_7482_DS1.pdf
• File Type:
  [PDF - 1.86 MB ]