Banking Supervision at the Federal Reserve: The Times are a Changing

December 2011

Overview

Sarah Dahlgren, the executive vice president responsible for Bank Supervision at the Federal Reserve Bank of New York (FRBNY) recently addressed the New York Bankers Association. Her speech focused on the changes that the FRBNY has made to enhance the supervisory process both in terms of their staffing and supervisory approach. We believe this should prompt Bank Management to reconsider and refine their approach to regulatory relationships and interaction.

Given that forewarned is forearmed, we believe firms should be taking actions now to assess their vulnerability and prepare for new supervisory assessments.

Contact us

Dan Ryan
Financial Services Advisory Leader
Tel: +1 (646) 471 8488
Email

Coryann Stefansson
Email

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