1.4.3: Reserve Bank Review Process

Examine RBOPS's Reserve Bank review process and identify areas for further assessment.

Other Information:

RBOPS's Reserve Bank review activities. We plan to examine RBOPS's Reserve Bank review process and identify areas for further assessment, particularly in light of changes made to the Board's supervision of financial market utilities (FMUs) and payment, clearing, and settlement systems pursuant to Title VIII of the Dodd-Frank Act. We also plan to review the Board's oversight of the annual independent audits of (1) the individual Reserve Bank financial statements and (2) the combined Federal Reserve Bank financial statements, which are conducted by an IPA firm under contract with RBOPS.

Stakeholder(s):

• RBOPS

Indicator(s):

Indicator:1

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