Risk Management Manual of Examination Policies - FDIC

REPORT OF EXAMINATION INSTRUCTIONS Section 16.1
Concurrent specialty examinations included as part of the safety and soundness Report (IT and/or trust) –
Findings of the IT review will be discussed on the Information Technology Assessment page. Comments and
conclusions concerning trust activities of institutions eligible for embedded Report treatment will be included on the
Fiduciary Activities Assessment page. Although no narrative on the ECC page is generally necessary concerning
these examinations, brief comments may be included when significant issues exist.
Bank Secrecy Act (BSA)
Significant deficiencies in the BSA program, or significant violations of BSA-related laws or regulations, should be
discussed on the ECC page. BSA issues of lesser significance may, as appropriate, be discussed in Question #5 of
the RMA page.
Meetings with Management and the Board of Directors
If a meeting with the institution's Board of Directors is held, make a concise presentation of the topics discussed and
management's commitments or responses. Discussion of specific management actions, commitments, or responses
contained in preceding comments need not be repeated. However, include enough detail to make the comment
informative and to create a record of management's commitments. Include the date of the meeting and a listing of
attendees. If no meeting with the Board of Directors is held, summarize the meeting held with senior management
at the close of the examination. Generally, this comment should be included after CAMELS commentary.
Board of Directors Reminder to Review and Sign the Report of Examination
This comment, which should be under a separate heading, is the last narrative item on the ECC page. The comment
should remind the Directorate of its responsibility to review the entire ROE and remind the Board that each Director
must sign the Signatures of Directors/Trustees page.
Examiner’s Signature and Reviewing Official’s Signature and Title
The examiner's signature (signatures if joint) and the reviewing official’s signature and title should be the last items
on the ECC page.
Report of Examination Instructions (12-04) 16.1-8 DSC Risk Management Manual of Examination Policies
Federal Deposit Insurance Corporation