Taking the next step in its project to modernize federal examination processes, the Federal Financial Institutions Examination Council (FFIEC) recently issued a policy statement aimed at promoting clarity and consistency of reports of examination.
The principles include expectations for what information should be included in ROEs, as well as guidance on how that information should be presented to promote consistency, clarity and ease of reference, among other things.
Find out more details about the principles set forth in the new policy statement.