On March 4, 2024, the FDIC revised parts of its Risk Management Manual of Examination Policies. The FDIC conducts examinations to help ensure the stability of insured depository institutions by identifying undue risks and weak risk management practices.
The FDIC revised two sections of the manual: Section 3.3 Securities and Derivatives, and Section 15.1 Formal Administrative Actions.
The updated RMS manual can be found here.