12 C.F.R. Part 30, Appendix D, “OCC Guidelines Establishing Heightened Standards for Certain Large Insured National Banks, Insured Federal Savings Associations, and Insured Federal Branches,”
Table of Contents
I. Introduction | A. Scope | |
B. Compliance Date | ||
C. Reservation of Authority | ||
D. Preservation of Existing Authority | ||
E. Definitions | ||
II. Standards For Risk Governance Framework | A. Risk Governance Framework | |
B. Scope of Rrisk Governance Framework | ||
C. Roles and Responsibilities | 1. Role and Responsibilities of Front Line Units | |
2. Role and Responsibilities of Independent Risk Management | ||
3. Role and Responsibilities of Internal Audit | ||
D. Strategic Plan | ||
E. Risk Appetite Statement | ||
F. Concentration and Front Line Unit Risk Limits | ||
G. Risk Appetite Review, Monitoring, and Communication Processes | ||
H. Processes Governing Risk Limit Breaches | ||
I. Concentration Risk Management | ||
J. Risk Data Aggregation and Reporting | ||
K. Relationship of Risk Appetite Statement, Concentration Risk Limits, and Front Line Unit Risk Limits to Other Processes | ||
L. Talent Management Processes | ||
M. Compensation and Performance Management Programs | ||
III. Standards for Board of Directors | A. Require an Effective Risk Governance Framework | |
B. Provide Active Oversight of Management | ||
C. Exercise Independent Judgment | ||
D. Include Independent Directors | ||
E. Provide Ongoing Training to All Directors | ||
F. Self-Assessments |
Link
https://www.occ.treas.gov/news-issuances/federal-register/2014/79fr54518.pdf