So the exams are going to be considered this year when assigning CAMELS management ratings?
It is important that line of communication be kept open, that people be able to appeal denials of their strong urgings after notifying their...
Is the revised approach going to have some sort of thresholds that they are going to apply, maybe to different time frames, such as how many...
So, Mr. Curry, this was not a case where OCC examiners failed to do their job, by the way.
I was very concerned.
A number of money laundering problems identified by the OCC in 2010 related to inadequate monitoring for suspicious activity.
We hope this visibility will actually help reform efforts at the bank.
That is really a step forward.
Now, sharing information across international lines is not just an ancient problem at HSBC, it is still a current problem.
Well, when you say what you are legally permitted to do, were you legally permitted by the Caymans, by their law, to provide this?
Presumably, it will be caught by the same mechanism being applied in every one of your banks, wherever they are located.