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Federal Regulators Seek Comment on Proposed Guidance for Credit Risk Review Systems
October 17, 2019
WASHINGTON, Oct. 17 -- The Federal Deposit Insurance Corporation issued the following financial institution letter (No. FIL-60-2019):


The FDIC, the Federal Reserve, the Office of the Comptroller of the Currency, and the National Credit Union Administration (the Agencies) are seeking comment on proposed guidance for credit risk review systems. The proposed guidance discusses sound management of credit risk, a system of independent and ongoing credit review, and . . .

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