Documents/OFHEO/1: Supervision/1.4: Regulatory Infrastructure

1.4: Regulatory Infrastructure

Strengthen regulatory infrastructure to enhance the supervision of the Enterprises.

Other Information:

Means and Strategies:▲ Proactively provide additional guidance, including necessaryregulations, policy statements and directives, to the Enterprises toprevent problems from arising or worsening, facilitate quickresolutions, improve the transparency of supervision processes, applyuniform standards to both Enterprises, and clarify OFHEO’sexpectations of them.▲ Establish a quality assurance function to maintain consistentapplication of the supervisory standards and examination practicesacross Enterprises and ensure that appropriate policies are followed.▲ Work with other regulators to identify risk areas and supervisoryissues of common interest. Coordinate and share information,findings and views with other regulators to ensure consistent policyand standards that recognize the interactions among financialinstitutions.▲ Implement OFHEO’s automated supervisory tools to improve andintegrate supervisory functions and processes and to manageinformation effectively.▲ Conduct applied research and in-depth analysis on a wide range ofsafety and soundness and capital adequacy issues that will increaseOFHEO’s understanding of the Enterprises, the markets in which theEnterprises are engaged, and the risks that affect OFHEO’s ability tocarry out its responsibilities.

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