Description
Examiners expect all financial institutions to conduct and document a comprehensive, ongoing, institution-wide risk assessment. The Risk Assessment evaluates and rates inherent risk, the quality of controls and residual risk. Benchmarks are provided for each rating for each factor. The Regulation DD Bonus Rules Risk Assessment provides a framework upon which the risk related to the provisions of Regulation DD that specify disclosure requirements in connection with bonuses on deposit accounts are evaluated.
Reviewed 09.19.2019
