1 / 13

STATE OF NEW YORK BANKING DEPARTMENT ONE STATE STREET NEW YORK, NY 10004-1417

STATE OF NEW YORK BANKING DEPARTMENT ONE STATE STREET NEW YORK, NY 10004-1417. Presentation To AIBA June 11, 2009. Supervision & Examination of Banks and FBOs. Risk-Focused Examination & Supervision Employ a risk-focused examination

jory
Download Presentation

STATE OF NEW YORK BANKING DEPARTMENT ONE STATE STREET NEW YORK, NY 10004-1417

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. STATE OF NEW YORKBANKING DEPARTMENTONE STATE STREETNEW YORK, NY 10004-1417 Presentation To AIBA June 11, 2009

  2. Supervision & Examination of Banks and FBOs Risk-Focused Examination & Supervision • Employ a risk-focused examination • Examination concentrates on areas that pose the greatest risks to the institution Examination Cycle • 12 or 18 Month cycle for most banks and 14 months for foreign branches or agencies • Continuous supervision for larger, more complex banks and NY offices of foreign banks

  3. Examination Ratings ROCA Ratings – for foreign branches • Risk Management, Operational Controls, Compliance, Asset Quality • Components rated on a scale of 1 to 5, with 1 being the strongest and 5 the weakest • Composite rating- also on a scale of 1 to 5

  4. Risk Factors • We assess and rate risks in each area • Institution Specific • While ratings components may not change – emphasis and importance does • Most important components • Management in a domestic institution • Risk in a foreign branch or agency

  5. Current Risks • Liquidity has gained in importance given recent market turmoil • Market risk in trading products • Asset Quality also has gained due to market conditions • Compliance especially BSA/AML and OFAC

  6. Foreign and Wholesale Banks Division • Supervises100 foreign branches or agencies with assets of $1.62 trillion dollars • 40 foreign representative offices • 8 Banks and Trust companies with assets of $372 billions • 8 Article XII Investment Companies with assets of $93.3 billions • 12 Limited Purpose Trust with assets of $5.6 billions

  7. ROCA Report Card • Sample of 43 branches and agencies • NYFRB and NYSBD Exams • All Size FBOs, small and large, sample differs from 2008 • Includes point-in time and continuous supervision

  8. ROCA ChangesComposite 2005 to 2009

  9. Risk Management

  10. Operational Controls

  11. Compliance

  12. Asset Quality

  13. Contact Information • David Fredsall david.fredsall@banking.state.ny.us • Regina Stone • regina.stone@banking.state.ny.us • 212-709-1551 • 212-709-1500

More Related