the ncua examiner’s guide is a resource for use in the supervision of credit unions. ncua’s risk-focused approach requires that examiners exercise professional judgment to assess the risk inherent in a given credit union operation and determine the scope of the examination by taking the many variables presented by an individual credit union into consideration. examiners will use the supervisory criteria contained in the guide to evaluate a credit union’s condition based on the preponderance of relevant factors. the examiner’s guide is intended to provide a framework for more consistent application of staff judgment with respect to conclusions about a credit union’s financial and operational condition, and related camel and risk ratings.
it also provides a consistent approach for evaluating the adequacy of a credit union’s relevant risk-management processes. while the guide does not impose requirements on credit unions, it offers information about the examination and supervision process that credit unions may find useful. please review the table below carefully to determine if updated content is available in the online version of the examiner’s guide (opens new window). if you have questions that are not addressed in the examiner’s guide, you may call the regional office in the region where the credit union is located. please visit the ncua’s accessibility statement (opens new window) for additional information.
field staff will begin using the updated list of compliance risk indicators for any supervisory evaluations of compliance risk started on or after march 31, 2017.2 the updated list of compliance risk indicators builds upon the current set of indicators and provides additional guidance for field staff in assigning the compliance risk rating – one of the existing seven risk categories in the risk-focused examination program. the updated list of compliance risk indicators does not create a new compliance rating, does not separate consumer compliance from overall compliance, and does not impose any new or higher supervisory expectations for credit unions. the updated framework incorporates and adds detail to the current compliance risk indicators to aid field staff in evaluating compliance risk.
in particular, field staff will consider: in assigning a compliance risk rating, field staff consider the totality of the compliance risk indicators. any single or small subset of compliance risk indicators is not necessarily determinative of the existence of lower or higher risk. the supervisory evaluation of compliance is ordinarily conducted as part of ncua’s risk-focused examinations of credit unions, not as a separate examination. based on field staff’s evaluation of the risk, each risk category is assigned a risk level of low, moderate, or high.
ncua’s risk-focused approach requires that examiners exercise professional judgment to assess the risk inherent in a given credit union the examiner’s risk assessment will determine what additional examination and supervision procedures are appropriate. many credit unions will look to their where indicated by the credit union’s risk assessment, monitor its service providers to confirm that they have satisfied their obligations, ncua risk categories, ncua risk categories, ncua audit checklist, ncua guidelines for credit unions, ncua assessment questionnaire reddit.
the ncua uses a risk-focused approach to examine credit unions’ information security to provide examiners flexibility to focus on areas of ncua’s assessment of compliance risk encompasses all of the federal consumer financial protection laws and regulations ncua enforces, as well as this manual details ncua’s examination and supervision program for federally insured credit unions. the agency’s risk-focused approach evaluates, ncua examiners guide, ncua ach risk assessment requirements, ncua risk ratings, ncua document of resolution, ncua ones, what is the purpose of ncua lending regulations, ncua cybersecurity, ncua lamp, ncua nspm, ncua compliance.
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