Risk Management Manual of Examination Policies - FDIC

REPORT OF EXAMINATION INSTRUCTIONS Section 16.1
TRUST SUPERVISORY SECTION (SHORT FORM)
PURPOSE
This schedule is used to communicate information of interest primarily to supervisory agencies. Comments should
not duplicate information contained in the open section of the Report. When appropriate, use descriptive
subheadings to separate subjects and improve readability. Prepare this confidential schedule when a Trust review is
e mbedded within a safety and soundness examination
Items addressed in the comments section should include the following:
• A brief statement defining the examination scope, noting any areas that examiners targeted for in-depth review
• A summary of the department’s risk profile. Items that may be included may include:
Nature and complexity of fiduciary products and services
Type of accounts administered
Data processing systems supporting trust services
Third-party, fee-sharing, or outsourcing arrangements
Strategic plans
The effectiveness of the control environment
The adequacy of the risk management practices relative to the nature and scope of fiduciary activities
• Recommendations for future examinations
Report of Examination Instructions (12-04) 16.1-62 DSC Risk Management Manual of Examination Policies
Federal Deposit Insurance Corporation