Develop internal processes and procedures requiring that Board staff provide periodic updates to the Reserve Banks regarding the status of enforcement actions following the Reserve Bank's recommendation for issuance or termination. In developing this guidance, S&R and the Legal Division should consider including requirements fora. notifying the Reserve Bank of the Board attorney(s) assigned to the case.b. relaying updates that provide specificity about the status of the case.
Questioned Costs
$0
Funds for Better Use
$0
Recommendation Status
Closed
Source UUID
f804e2fc-d73d-4da9-b214-2b01b472d161-6
Recommendation Number
6
Significant Recommendation
No