Federal Reserve will retrain supervisors to ensure that the removal of reputational risk from bank examinations is applied uniformly across all Board-supervised banks
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The Board will train examiners to help ensure this change is implemented consistently across Board-supervised banks and will work with the other federal bank regulatory agencies to promote consistent practices, as necessary.
The Fed also said it will retrain supervisors so that the new rule is applied the same way for every bank. It added that the move does not mean banks can be careless. They still need strong systems to manage risk and follow the rules.
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