Incorporation of Federal Reserve Policies into the Savings and Loan Holding Company Supervision Program

BOARD OF GOVERNORS

OF THE

FEDERAL RESERVE SYSTEM

WASHINGTON, D.C. 20551

DIVISION OF BANKING

SUPERVISION AND REGULATION

SR 14-9

November 7, 2014

TO THE OFFICER IN CHARGE OF SUPERVISION

AT EACH FEDERAL RESERVE BANK

SUBJECT: Incorporation of Federal Reserve Policies into the Savings and Loan Holding

Company Supervision Program

Applicability: This letter applies to all savings and loan holding companies, including those with

$10 billion or less in total consolidated assets.

The attached list identifies Federal Reserve supervisory guidance documents (SR letters)

issued prior to July 21, 2011 (the date of transfer of supervision and regulation of savings and

loan holding companies (SLHCs) from the former Office of Thrift Supervision (OTS) to the

Federal Reserve Board) that are applicable to SLHCs. The Federal Reserve’s determination to

apply these SR letters to SLHCs follows an extensive review of its existing guidance documents.

Applying these SR letters to SLHCs is consistent with and part of the Federal Reserve’s broader

initiative to establish an SLHC supervisory program similar in nature to its long-established

supervisory program for bank holding companies (BHCs).

As previously discussed in SR letter 11-11/CA 11-5, “Supervision of Savings and Loan

Holding Companies (SLHCs),” the majority of existing Federal Reserve guidance for BHCs is

equally relevant to the supervision of SLHCs. SLHCs should refer to the Federal Reserve’s SR

letters – and not to OTS documents – for guidance on supervisory expectations. For SR letters

issued after July 21, 2011, SLHCs should refer to a specific SR letter to determine if it applies.

SR letters issued after that date are not included in the attached listing

ederal Reserve guidance for BHCs is

equally relevant to the supervision of SLHCs. SLHCs should refer to the Federal Reserve’s SR

letters – and not to OTS documents – for guidance on supervisory expectations. For SR letters

issued after July 21, 2011, SLHCs should refer to a specific SR letter to determine if it applies.

SR letters issued after that date are not included in the attached listing.

Background

Under section 312 of the Dodd-Frank Wall Street Reform and Consumer Protection Act

(Dodd-Frank Act), the Board assumed all functions and powers of the OTS relating to the

supervision of and rulemaking authority for SLHCs, including their non-depository subsidiaries,

effective July 21, 2011.1 In establishing its SLHC supervision program, the Federal Reserve, to

the greatest extent possible, considered the unique characteristics of SLHCs in the decision to

apply an SR letter to SLHCs. The identified SR letters address the Federal Reserve supervisory

expectations for condition, performance, and activities of SLHCs on a consolidated basis and

already form the basis for the Federal Reserve’s established risk-based supervision program for

1 See 12 U.S.C. 5412.

Page 1 of 3

BHCs. As with BHCs, the objective of SLHC supervision is to ensure that a holding company

and its non-depository subsidiaries operate in a safe-and-sound manner and in compliance with

banking laws.

The attached list of SR letters augment the Federal Reserve’s SLHC supervisory program

that is currently in place. The program is largely based on principles of safety and soundness and

the source-of-strength doctrine. The determination as to whether an SR letter should apply to

SLHCs included a consideration of the statutory and regulatory differences between SLHCs and

BHCs. This determination also included consideration of differences in permissible activities and

capital regulatory requirements

n place. The program is largely based on principles of safety and soundness and

the source-of-strength doctrine. The determination as to whether an SR letter should apply to

SLHCs included a consideration of the statutory and regulatory differences between SLHCs and

BHCs. This determination also included consideration of differences in permissible activities and

capital regulatory requirements.

Reasons for the Applicability of an SR Letter to SLHCs

In assessing the applicability of an SR letter to SLHCs, the Federal Reserve considered

whether the guidance addressed a statute or regulation and whether SLHCs were subject to the

underlying statute or regulation. For a statute or regulation that did not address SLHCs or a

statute that specifically excluded SLHCs, the SR letter will not apply. For interagency guidance

issued for public comment, an SR letter is applicable to SLHCs only if OTS gave notice that the

guidance would apply to SLHCs. In determining whether to apply an SR letter to SLHCs, the

following factors were also considered:

• Consistency with the Federal Reserve’s approach to the supervision of BHCs.

• Similarity of equivalent Federal Reserve guidance to OTS guidance that OTS had

applied to SLHCs.

• Informational-in-nature guidance that an SLHC should consider if a specific function

is carried out at the holding company level.

SLHC Supervisory Framework

The SLHC portfolio encompasses small and large, shell and active, non-complex and

complex, and geographically diverse SLHCs. In addition, several of these organizations

primarily engage in insurance, broker-dealer, or commercial activities, and, as such, have

varying supervision requirements.

As previously discussed in SR letter 11-11/CA 11-5, the Federal Reserve is using its

existing BHC RFI ratings framework to assign indicative ratings to SLHCs. The Federal Reserve

continues to evaluate the appropriateness of the RFI ratings framework for all SLHCs

ons

primarily engage in insurance, broker-dealer, or commercial activities, and, as such, have

varying supervision requirements.

As previously discussed in SR letter 11-11/CA 11-5, the Federal Reserve is using its

existing BHC RFI ratings framework to assign indicative ratings to SLHCs. The Federal Reserve

continues to evaluate the appropriateness of the RFI ratings framework for all SLHCs. The

supervisory experience gained over the past three years is aiding the Federal Reserve in the

development of a ratings framework that is appropriately consistent with the BHC supervision

framework and appropriately addresses the range of non-depository activities in which certain

SLHCs engage. Once a proposed ratings framework is developed, the Federal Reserve will

provide an opportunity for public comment on the proposed ratings framework.

Interagency Coordination

Federal Reserve examiners are expected to coordinate the SLHC supervisory planning

processes and inspection programs with the appropriate primary federal and state regulators for

the holding company, depository institution, and any non-depository subsidiary in order to

Page 2 of 3

ensure that high-risk areas are appropriately addressed, duplicative efforts are avoided, and

knowledge gaps are filled. The issuance of this letter does not affect the applicability of the

guidance issued by the primary federal and state regulators for the depository institution and

non-depository subsidiaries.

Reserve Banks are asked to distribute this letter to appropriate safety-and-soundness

examiners and other supervisory staff. If examiners have questions about the applicability of a

particular SR letter not listed in the attachment to SLHCs, they should consult with Board staff.

Questions regarding this letter should be directed to the following:

• SLHC Supervision section: Karen Caplan, Manager, at (202) 452-2710; or Angela

Knight-Davis, Supervisory Financial Analyst, at (202) 475-6679

nd other supervisory staff. If examiners have questions about the applicability of a

particular SR letter not listed in the attachment to SLHCs, they should consult with Board staff.

Questions regarding this letter should be directed to the following:

• SLHC Supervision section: Karen Caplan, Manager, at (202) 452-2710; or Angela

Knight-Davis, Supervisory Financial Analyst, at (202) 475-6679.

• Policy Implementation and Effectiveness section: Virginia Gibbs, Manager, at (202)

452-2521; or Jinai Holmes, Senior Supervisory Financial Analyst, at (202) 452-2834.

In addition, questions may be sent via the Board’s public website.2

Michael S. Gibson

Director

Attachment

• Listing of Federal Reserve Guidance Applicable to Savings and Loan Holding

Companies Issued Prior to the Transfer Date of July 21, 2011

Cross references:

• SR letter 11-11/CA 11-5, “Supervision of Savings and Loan Holding Companies

(SLHCs)”

2 See http://www.federalreserve.gov/apps/contactus/feedback.aspx.

Page 3 of 3

Attachment to SR 14-9

Page 1 of 9

Attachment

Listing of Federal Reserve Guidance Applicable to Savings and Loan Holding Companies

Issued Prior to the Transfer Date of July 21, 2011

(Last updated: July 15, 2024)

SR Letter

Title

Comments

SR 11-10

Interagency Counterparty Credit Risk

Management Guidance

SR 11-9

Interagency Supplement to

Authentication in an Internet Banking

Environment

Made inactive by SR 21-14,

“Authentication and Access to

Financial Institution Services and

Systems.”

SR 11-7

Guidance on Model Risk Management

SR 11-6

Guidance on Accepting Accounts from

Foreign Embassies, Consulates and

Missions (foreign missions)

SR 11-1

Impact of High-Cost Credit Protection

Transactions on the Assessment of

Capital Adequacy

SR 10-17

Underwriting Standards for Small

Business Loans Originated under the

Small Business Lending Fund Program

Made inactive by SR 22-10/CA 22-

10, “Inactive Supervisory

Guidan

11-6

Guidance on Accepting Accounts from

Foreign Embassies, Consulates and

Missions (foreign missions)

SR 11-1

Impact of High-Cost Credit Protection

Transactions on the Assessment of

Capital Adequacy

SR 10-17

Underwriting Standards for Small

Business Loans Originated under the

Small Business Lending Fund Program

Made inactive by SR 22-10/CA 22-

10, “Inactive Supervisory

Guidance.”

SR 10-12

Interagency Supervisory Guidance on

Bargain Purchases and FDIC- and

NCUA-Assisted Acquisitions

SR 10-10

Interagency Guidance on Correspondent

Concentration Risk

SR 10-6

Interagency Policy Statement on Funding

and Liquidity Risk Management

SR 10-3

FFIEC Retail Payment Systems Booklet

Outdated announcement. Refer to

the Retail Payment Systems booklet

of the FFIEC Information

Technology Examination Handbook.

SR 10-1

Interagency Advisory on Interest Rate

Risk

SR 09-7

Prudent Commercial Real Estate Loan

Workouts

Made inactive by SR 23-5, “Prudent

Commercial Real Estate Loan

Accommodations and Workouts.”

SR 09-4

Applying Supervisory Guidance and

Regulations on the Payment of

Dividends, Stock Redemptions, and

Stock Repurchases at Bank Holding

Companies

Attachment to SR 14-9

Page 2 of 9

SR Letter

Title

Comments

SR 09-1

Application of the Market Risk Rule in

Bank Holding Companies and State

Member Banks

SR 08-12

Revisions to the Guide to the Interagency

Country Exposure Review Committee

(ICERC) Process

SR 08-9 /

CA 08-12

Consolidated Supervision of Bank

Holding Companies and the Combined

U.S

at Bank Holding

Companies

Attachment to SR 14-9

Page 2 of 9

SR Letter

Title

Comments

SR 09-1

Application of the Market Risk Rule in

Bank Holding Companies and State

Member Banks

SR 08-12

Revisions to the Guide to the Interagency

Country Exposure Review Committee

(ICERC) Process

SR 08-9 /

CA 08-12

Consolidated Supervision of Bank

Holding Companies and the Combined

U.S. Operations of Foreign Banking

Organizations

Partially superseded by SR 12-

17/CA 12-14, “Consolidated

Supervision Framework for Large

Financial Institutions.”

SR 08-8 /

CA 08-11

Compliance Risk Management Programs

and Oversight at Large Banking

Organizations with Complex Compliance

Profiles

SR 08-4

Qualification Process for Advanced

Approaches Risk-Based Capital

Framework Implementation

Made inactive by SR 16-9, “Inactive

Supervisory Guidance.” Refer to the

Board’s regulatory capital rules at

12 CFR part 217 (Regulation Q).

SR 08-3

FFIEC Business Continuity Planning

Booklet

Outdated announcement. Refer to

the Business Continuity Planning

booklet of the FFIEC Information

Technology Examination Handbook.

SR 07-19

Confidentiality Provisions in Third-Party

Agreements

SR 07-18

FFIEC Guidance on Pandemic Planning

Made inactive by SR 20-3/CA 20-2,

“Interagency Statement on

Pandemic Planning.”

SR 07-16 /

CA 07-4

Statement on Loss Mitigation Strategies

for Servicers of Residential Mortgages

SR 07-12 /

CA 07-3

Statement on Subprime Mortgage

Lending

SR 07-11

The Fair Value Option and the

Applicability of the Market Risk Capital

Rule

Made inactive by SR 22-10/CA 22-

10, “Inactive Supervisory

Guidance.”

SR 07-7 /

CA 07-2

Guidance on Filing Notices of Proposed

Class Action Settlements

SR 07-6 /

CA 07-1

Working with Mortgage Borrowers

SR 07-5

Interagency Statement on Sound

Practices Concerning Elevated Risk

Complex Structured Finance Activities

SR 07-1

Interagency Guidance on Concentrations

in Commercial Real Estate

by SR 22-10/CA 22-

10, “Inactive Supervisory

Guidance.”

SR 07-7 /

CA 07-2

Guidance on Filing Notices of Proposed

Class Action Settlements

SR 07-6 /

CA 07-1

Working with Mortgage Borrowers

SR 07-5

Interagency Statement on Sound

Practices Concerning Elevated Risk

Complex Structured Finance Activities

SR 07-1

Interagency Guidance on Concentrations

in Commercial Real Estate

Attachment to SR 14-9

Page 3 of 9

SR Letter

Title

Comments

SR 06-17

Interagency Policy Statement on the

Allowance for Loan and Lease Losses

(ALLL)

Partially superseded by SR 20-12,

“Interagency Policy Statement on

Allowances for Credit Losses,” and

SR 20-13, “Interagency Guidance on

Credit Risk Review Systems.”

SR 06-15 /

CA 06-12

Interagency Guidance on Nontraditional

Mortgage Product Risks

SR 06-13

Questions and Answers Related to

Interagency Guidance on Authentication

in an Internet Banking Environment

Made inactive by SR 22-10/CA 22-

10, “Inactive Supervisory

Guidance.”

SR 06-12

FFIEC Information Security Booklet

Outdated announcement. Refer to

the Information Security booklet of

the FFIEC Information Technology

Examination Handbook.

SR 06-5

Influenza Pandemic Preparedness

Made inactive by SR 20-3/CA 20-2,

“Interagency Statement on

Pandemic Planning.”

SR 06-4

Interagency Advisory on the Unsafe and

Unsound Use of Limitation of Liability

Provisions in External Audit Engagement

Letters

SR 06-1

Interagency Guidance on Sharing

Suspicious Activity Reports with Head

Offices and Controlling Companies

SR 05-26

Special Post-Employment Restriction Set

Forth in the Intelligence Reform and

Terrorism Prevention Act of 2004

Superseded by SR 16-16 / CA 16-7,

“Special Post-Employment

Restriction for Senior Examiners.”

SR 05-21

Guidance on the Examination Treatment

of Assets Related to the Tobacco

Transition Payment Program

Made inactive by SR 16-9. Program

expired

ntrolling Companies

SR 05-26

Special Post-Employment Restriction Set

Forth in the Intelligence Reform and

Terrorism Prevention Act of 2004

Superseded by SR 16-16 / CA 16-7,

“Special Post-Employment

Restriction for Senior Examiners.”

SR 05-21

Guidance on the Examination Treatment

of Assets Related to the Tobacco

Transition Payment Program

Made inactive by SR 16-9. Program

expired.

SR 05-19

Interagency Guidance on Authentication

in an Internet Banking Environment

Made inactive by SR 21-14,

“Authentication and Access to

Financial Institution Services and

Systems.”

SR 05-13

Interagency Guidance on the Eligibility

of Asset-Backed Commercial Paper

Program Liquidity Facilities and the

Resulting Risk-Based Capital Treatment

Superseded by SR 15-6,

“Interagency Frequently Asked

Questions (FAQs) on the Regulatory

Capital Rule.”

SR 05-11

Interagency Credit Risk Management

Guidance for Home Equity Lending

SR 05-10

Accounting and Reporting for

Commitments to Originate and Sell

Mortgage Loans

Attachment to SR 14-9

Page 4 of 9

SR Letter

Title

Comments

SR 05-6

Risk-Based Capital Treatment for

Unrated Direct Credit Substitutes

Extended to Asset-Backed Commercial

Paper Programs

Made inactive by SR 16-9. Refer to

the Board’s regulatory capital rules

at 12 CFR part 217 (Regulation Q).

SR 05-4

Interagency Advisory on the

Confidentiality of Nonpublic Supervisory

Information

SR 04-20

FFIEC Information Technology

Examination Handbook

Outdated announcement, refer to the

FFIEC Information Technology

Examination Handbook

Asset-Backed Commercial

Paper Programs

Made inactive by SR 16-9. Refer to

the Board’s regulatory capital rules

at 12 CFR part 217 (Regulation Q).

SR 05-4

Interagency Advisory on the

Confidentiality of Nonpublic Supervisory

Information

SR 04-20

FFIEC Information Technology

Examination Handbook

Outdated announcement, refer to the

FFIEC Information Technology

Examination Handbook.

SR 04-18

Bank Holding Company Rating System

Made inactive by SR 19-4 /CA 19-3,

“Supervisory Rating System for

Holding Companies with Total

Consolidated Assets Less Than $100

Billion.” See also, SR 19-3/CA 19-

2, “Large Financial Institution (LFI)

Rating System.”

SR 04-17

FFIEC Guidance on the use of Free and

Open Source Software

SR 04-4

Accounting for Deferred Compensation

Agreements

SR 03-19

Guidance on Change in Bank Control

Procedures

SR 03-16

Application Filing Information Web Page

SR 03-14

Fraudulent Federal Reserve Note

Schemes

Made inactive by SR 16-9. Outdated

announcement.

SR 03-10

Enhancement to the Name Check Process

Related to Applications Reviewed by the

Federal Reserve

Made inactive by SR 20-20,

“Updated Fingerprinting Process

Related to Applications Reviewed

by the Federal Reserve.”

SR 03-9

Interagency Paper on Sound Practices to

Strengthen the Resilience of the U.S.

Financial System

SR 03-6

Guidance Regarding Restrictions on

Institutions in Troubled Condition

SR 03-5

Amended Interagency Guidance on the

Internal Audit Function and its

Outsourcing

SR 03-4

Risk Management and Valuation of

Mortgage Servicing Assets Arising from

Mortgage Banking Activities

SR 03-2

Adoption of Regulation W Implementing

Sections 23A and 23B of the Federal

Reserve Act

m

SR 03-6

Guidance Regarding Restrictions on

Institutions in Troubled Condition

SR 03-5

Amended Interagency Guidance on the

Internal Audit Function and its

Outsourcing

SR 03-4

Risk Management and Valuation of

Mortgage Servicing Assets Arising from

Mortgage Banking Activities

SR 03-2

Adoption of Regulation W Implementing

Sections 23A and 23B of the Federal

Reserve Act

Attachment to SR 14-9

Page 5 of 9

SR Letter

Title

Comments

SR 03-1

Account Management and Loss

Allowance Methodology for Credit Card

Lending

SR 02-17

Guidance Regarding Indemnification

Agreements and Payments

SR 02-15

Implicit Recourse Provided to Asset

Securitizations

SR 02-14

Covenants in Securitization Documents

Linked to Supervisory Actions or

Thresholds

SR 02-13

“Prime Bank” and Other Financial

Instrument Fraud Schemes

Made inactive by SR 16-9. Outdated

announcement.

SR 02-10

Derivative Contracts Hedging Trust

Preferred Stock

SR 02-5

Interagency Guidance on Country Risk

Management

SR 01-17

Final Interagency Policy Statement on

Allowance for Loan and Lease Losses

(ALLL) Methodologies and

Documentation for Banks and Savings

Institutions

Partially superseded by SR 20-12,

“Interagency Policy Statement on

Allowances for Credit Losses.”

SR 01-12

Interagency Guidance on Loans Held for

Sale

SR 01-11

Identity Theft and Pretext Calling

SR 00-17

Guidance on the Risk Management of

Outsourced Technology Services

Guidance was rescinded with the

issuance of the release of the 2004

release of the FFIEC Outsourcing

Technology Services Booklet. See

the FFIEC’s July 15, 2004 press

release for more information.

SR 00-14

Enhancements to the Interagency

Program for Supervising the U.S

1

Identity Theft and Pretext Calling

SR 00-17

Guidance on the Risk Management of

Outsourced Technology Services

Guidance was rescinded with the

issuance of the release of the 2004

release of the FFIEC Outsourcing

Technology Services Booklet. See

the FFIEC’s July 15, 2004 press

release for more information.

SR 00-14

Enhancements to the Interagency

Program for Supervising the U.S.

Operations of Foreign Banking

Organizations

SR 00-13

Framework for Financial Holding

Company Supervision

SR 00-9

Supervisory Guidance on Equity

Investment and Merchant Banking

Activities

SR 00-8

Revised Uniform Retail Credit

Classification and Account Management

Policy

Attachment to SR 14-9

Page 6 of 9

SR Letter

Title

Comments

SR 99-37

Risk Management and Valuation of

Retained Interests Arising from

Securitization Activities

For SLHCs that do not follow

general accepted accounting

principles (GAAP), the guidance

pertaining to GAAP in this letter

does not apply.

SR 99-33

Interagency Policy Statement on External

Audits of Banks With Less Than $500

Million in Total Assets

SR 99-25

Minimum Documentation Standards for

Loan Line Sheets

SR 99-24

Loan Write-Up Standards for Assets

Criticized During Examinations

SR 99-22

Joint Interagency Letter on the Loan Loss

Allowance

Made inactive by SR 16-9. Outdated

announcement.

SR 99-18

Assessing Capital Adequacy in Relation

to Risk at Large Banking Organizations

and Others with Complex Risk Profiles

Superseded by SR 15-18, “Federal

Reserve Supervisory Assessment of

Capital Planning and Positions for

LISCC Firms and Large and

Complex Firms,” and SR 15-19,

“Federal Reserve Supervisory

Assessment of Capital Planning and

Positions for Large and Noncomplex

Firms.”

SR 99-13

Recent Developments Regarding Loan

Loss Allowances

Made inactive by SR 16-9. Outdated

announcement

sk Profiles

Superseded by SR 15-18, “Federal

Reserve Supervisory Assessment of

Capital Planning and Positions for

LISCC Firms and Large and

Complex Firms,” and SR 15-19,

“Federal Reserve Supervisory

Assessment of Capital Planning and

Positions for Large and Noncomplex

Firms.”

SR 99-13

Recent Developments Regarding Loan

Loss Allowances

Made inactive by SR 16-9. Outdated

announcement.

SR 99-3

Supervisory Guidance Regarding

Counterparty Credit Risk Management

SR 98-38

Interagency Policy Statement on Income

Tax Allocation in a Holding Company

Structure

SR 98-25

Sound Credit Risk Management and the

Use of Internal Credit Risk Ratings at

Large Banking Organizations

SR 98-12

FFIEC Policy Statement on Investment

Securities and End-User Derivatives

Activities

SR 98-9

Assessment of Information Technology

in the Risk-Focused Frameworks for the

Supervision of Community Banks and

Large Complex Banking Organizations

SR 97-24

Risk-Focused Framework for

Supervision of Large Complex

Institutions

Made inactive by SR 21-4/CA 21-2,

“Inactive or Revised SR Letters

Related to the Federal Reserve’s

Supervisory Expectations for a

Firm’s Boards of Directors.”

Attachment to SR 14-9

Page 7 of 9

SR Letter

Title

Comments

SR 97-21

Risk Management and Capital Adequacy

of Exposures Arising from Secondary

Market Credit Activities

Made inactive by SR 21-4/CA 21-2.

SR 97-18

Application of Market Risk Capital

Requirements to Credit Derivatives

Made inactive by SR 16-9.

Outdated. Refer to the Board’s

regulatory capital rules at

12 CFR part 217 (Regulation Q)

14-9

Page 7 of 9

SR Letter

Title

Comments

SR 97-21

Risk Management and Capital Adequacy

of Exposures Arising from Secondary

Market Credit Activities

Made inactive by SR 21-4/CA 21-2.

SR 97-18

Application of Market Risk Capital

Requirements to Credit Derivatives

Made inactive by SR 16-9.

Outdated. Refer to the Board’s

regulatory capital rules at

12 CFR part 217 (Regulation Q).

SR 97-17

Access to Books and Records of

Financial Institutions During

Examinations and Inspections

SR 97-10

Guidance on Protested Proposals

SR 97-5

Policy Statement on Interagency

Notification and Coordination of

Enforcement Actions

Made inactive by SR 18-4/CA 18-5,

“Policy Statement on Interagency

Notification of Formal Enforcement

Actions.”

SR 97-3

Conversion of Common Trust Funds to

Mutual Funds

SR 96-37

Supervisory Guidance on Required

Absences from Sensitive Positions

SR 96-28

Subchapter S Election for Federal

Income Taxes

SR 96-26

Provision of Individual Components of

Supervisory Rating Systems to

Management and Boards of Directors

SR 96-21

FDIC Final Rule Regarding “Golden

Parachutes” and Indemnification

Payments

Made inactive by SR 16-9. Outdated

announcement about changes in

another agency’s regulations. Refer

to FDIC rules at 12 CFR part 369.

SR 96-14

Risk-focused Safety and Soundness

Examinations and Inspections

SR 96-13

Joint Policy Statement on Interest Rate

Risk

SR 96-10

Risk-Focused Fiduciary Examinations

SR 96-4

FDIC Amendment to Annual Audit and

Reporting Requirements (Part 363)

Made inactive by SR 16-9. Outdated

announcement about changes in

another agency’s regulations. Refer

to FDIC rules at 12 CFR part 363.

SR 95-49

Addition to the “Report on the Target

Inspections of Management Information

Systems”

Made inactive by SR 16-9.

Outdated. Refer to sections 5050

and 5052 of the Bank Holding

Company Supervision Manual. See

also the FFIEC IT Handbook

available at www.ffiec.gov.

9. Outdated

announcement about changes in

another agency’s regulations. Refer

to FDIC rules at 12 CFR part 363.

SR 95-49

Addition to the “Report on the Target

Inspections of Management Information

Systems”

Made inactive by SR 16-9.

Outdated. Refer to sections 5050

and 5052 of the Bank Holding

Company Supervision Manual. See

also the FFIEC IT Handbook

available at www.ffiec.gov.

Attachment to SR 14-9

Page 8 of 9

SR Letter

Title

Comments

SR 95-46

Interpretation of Interagency Statement

on Retail Sales of Nondeposit Investment

Products

SR 95-45

Inspections of Management Information

Systems

Made inactive by SR 16-9.

Outdated. Refer to sections 5050

and 5052 of the Bank Holding

Company Supervision Manual. See

also the FFIEC IT Handbook

available at www.ffiec.gov.

SR 95-40

Interagency Statement on Guidelines for

Relying on State Examinations

SR 95-38

Supervisory Guidance related to FASB

Statement No. 114

SR 95-34

Sharing of Facilities and Staff by

Banking Organizations

SR 95-32

Amendment to the Board’s Anti-Tying

Rules--A “Combined-Balance Discount”

Safe Harbor

Made inactive by SR 16-9. Outdated

announcement about a change to a

Board regulation. Refer to

12 CFR 225.7, “Exceptions to tying

restrictions.”

SR 95-19

Revisions to Guidance on Meetings with

Boards of Directors

SR 95-18

Section 309 of the Riegle Community

Development and Regulatory

Improvement Act of 1994, Intra-Agency

Appeals Process

Made inactive by SR 20-28 / CA 20-

14, “Internal Appeals Process for

Material Supervisory

Determinations and Policy

Statement Regarding the

Ombudsman for the Federal Reserve

System.”

SR 94-53

Investment Adviser Activities

SR 94-5

Government Securities Act Amendments

of 1993

SR 94-3

Supervisory Guidance on the

Implementation of Section 112 of the

FDIC Improvement Act

SR 93-72

Guidance on the Capital Treatment and

Other Issues Relating to the Financial

Accounting Standards Board Statement

No

nt Regarding the

Ombudsman for the Federal Reserve

System.”

SR 94-53

Investment Adviser Activities

SR 94-5

Government Securities Act Amendments

of 1993

SR 94-3

Supervisory Guidance on the

Implementation of Section 112 of the

FDIC Improvement Act

SR 93-72

Guidance on the Capital Treatment and

Other Issues Relating to the Financial

Accounting Standards Board Statement

No. 115, “Accounting for Certain

Investments in Debt and Equity

Securities”

Made inactive by SR 16-9.

Outdated. Refer to the instructions

to the FR Y-9 series of reports for

holding companies.

SR 93-69

Examining Risk Management and

Internal Controls for Trading Activities

of Banking Organizations

Made inactive by SR 21-4/CA 21-2.

Attachment to SR 14-9

Page 9 of 9

SR Letter

Title

Comments

SR 93-37

Split-Dollar Life Insurance

SR 93-19

Supplemental Guidance for the

Inspection of Nonbank Subsidiaries of

Bank Holding Companies

SR 93-13

Violations of Federal Reserve Margin

Regulations in Custodial Agency

Accounts Resulting From “Free-Riding”

Schemes

SR 92-28

Interagency Guidance on Coordination

and Communication Between External

Auditors and Examiners

SR 92-11

Asset-Backed Commercial Paper

Programs

Made inactive by SR 16-9.

Outdated. Refer to the Board’s

regulatory capital rules at

12 CFR part 217 (Regulation Q).

SR 91-4

Guidelines for the Inspection of

Investment Adviser Subsidiaries of Bank

Holding Companies

SR 90-38

The Comprehensive Thrift and Bank

Fraud Prosecution and Taxpayer

Recovery Act of 1990

Made inactive by SR 16-9. Outdated

announcement about new

legislation.

SR 90-31

Bank Holding Company Funding from

Sweep Accounts

SR 90-22

Policy Statement on the Use of “Points”

in Settling Foreign Exchange Contracts

Made inactive by SR 21-4/CA 21-2

es of Bank

Holding Companies

SR 90-38

The Comprehensive Thrift and Bank

Fraud Prosecution and Taxpayer

Recovery Act of 1990

Made inactive by SR 16-9. Outdated

announcement about new

legislation.

SR 90-31

Bank Holding Company Funding from

Sweep Accounts

SR 90-22

Policy Statement on the Use of “Points”

in Settling Foreign Exchange Contracts

Made inactive by SR 21-4/CA 21-2.

SR 90-21

Rating System For International

Examinations

SR 90-19

Sale of Uninsured Debt Obligations and

Securities Issued by Bank Holding

Companies, Nonbank Affiliates, or State

Member Banks on Retail Banking

Premises

SR 90-16

Implementation of Examination

Guidelines for the Review of Asset

Securitization Activities

Made inactive by SR 21-4/CA 21-2.