- Compliance Examination
- A periodic examination of banks to make sure banks are operating in compliance with consumer protection laws, fair lending statutes and the Community Reinvestment Act. Compliance examinations are typically focused on operational areas that pose the biggest compliance risks, and focuses on the procedures the institutions have in place
to ensure compliance with regulations.
The compliance examination is one of three types of oversight activities carried out by the Federal Deposit Insurance Corporation (FDIC). Other activities include visitations and investigations. Visitations are usually conducted to review compliance for newly-chartered institutions and to review the progress on actions taken to correct previous infractions. Investigations can be launched if problems are brought to the attention of the FDIC.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
Examination — mechanism that is part of the evaluation, which measures a candidate’s competence by one or more means such as written, oral, practical and observational (p. 3.9 ISO/IEC 17024:2003). Источник … Словарь-справочник терминов нормативно-технической документации
Examination conclusion — document containing substantiated conclusions on compliance or non compliance of the examination object with requirements of industrial safety . Источник … Словарь-справочник терминов нормативно-технической документации
Examination of conscience — is a review of one s past thoughts, words, actions, and omissions for the purpose of ascertaining their conformity with, or deviation from, the moral law. Among Christians, this is generally a private review; secular intellectuals have, on… … Wikipedia
Examination of Conscience — • By this term is understood a review of one s past thoughts, words and actions for the purpose of ascertaining their conformity with, or difformity from, the moral law Catholic Encyclopedia. Kevin Knight. 2006. Examination of Conscience … Catholic encyclopedia
Mental status examination — Intervention ICD 9 CM 94.09, 94.11 The mental status examination in the USA or mental state … Wikipedia
Bank Examination — An evaluation of the safety and soundness of a bank. The primary focus is an examination of the banks assets and liabilities, but the exam also commonly includes a review of its adherence to regulations and standards, its compliance with various… … Investment dictionary
Community Reinvestment Act — The Community Reinvestment Act (CRA, Pub.L. 95 128, title VIII of the Housing and Community Development Act of 1977, 91 Stat. 1147, 12 U.S.C. § 2901 et seq.) is a United States federal law designed to encourage commercial… … Wikipedia
Single Audit — In the United States, the Single Audit, also known as the OMB A 133 audit, is a rigorous, organization wide audit or examination of an entity that expends $500,000 or more of Federal assistance (commonly known as Federal funds, Federal grants, or … Wikipedia
Judicial system of the People's Republic of China — For the Ministry of Justice, see Ministry of Justice of the People s Republic of China. People s Republic of China This article is part of the series: Politics and government of … Wikipedia
Ricci v. DeStefano — Supreme Court of the United States Argued April 22, 2009 Decided June 29, 2009 … Wikipedia