Complex Structured Finance Activities Interagency Statement on Sound Practices for Activities With Elevated Risk

GuidanceFederal Deposit Insurance Corporation (FDIC)Risk Management

Summary: The FDIC, along with the other federal banking agencies and the Securities and Exchange Commission, is issuing the attached final Interagency Statement on Sound Practices Concerning Elevated Risk Complex Structured Finance Activities (Final Statement). The Final Statement describes the types of internal controls and risk-management policies and procedures that the agencies have found to be useful in identifying, managing and addressing the potentially heightened legal or reputational risks that may arise from certain complex structured finance transactions.

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