WEBINAR RECORDING: How to Approach Your FedLine Assessment for Banks
6/24/2021 - By Nancy Patton
Access webinar recording from Thursday, June 24th below.
With an update to Operating Circular 5 on October 15, 2020, the Federal Reserve added requirements for an annual Assessment for all banks. Even if you use a service provider for your FedLine® services, you’ll need to understand and prepare for this new requirement. Some questions remain as banks complete this assessment for the first time, but expectations are becoming clearer.
This webinar presented by the Financial Institution Advisory Group's Shareholder Stephen Reyes, CISA, CISSP, and Senior Technology Risk Consultant Jason Keith, CIA, CISA, covers strategies for completing the annual assessment timely, effectively, and efficiently. They'll also answer your questions on:
- Where to find program information?
- What controls should be considered?
- Who should perform the assessment?
- How to show your work?
- When to complete and submit?
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