Supervisory Policy and Guidance Topics
Legal Risk
Legal risk arises from the potential that unenforceable contracts, lawsuits, or adverse judgments can disrupt or otherwise negatively affect the operations or condition of a banking organization. (SR 95-51)
Policy Letters
Legal RiskFederal Financial Institutions Examination Council Issues Joint Statement on Managing the LIBOR Transition
Consolidated Recovery Planning for Certain Large Domestic Bank Holding Companies
Addendum to the Interagency Policy Statement on Income Tax Allocation in a Holding Company Structure
Heightened Supervisory Expectations for Recovery and Resolution Preparedness for Certain Large Bank Holding Companies - Supplemental Guidance on Consolidated Supervision Framework for Large Financial Institutions (SR letter 12-17/CA letter 12-14)
Managing Foreign Exchange Settlement Risks for Physically Settled Transactions
Risk Transfer Considerations When Assessing Capital Adequacy – Supplemental Guidance on Consolidated Supervision Framework for Large Financial Institutions (SR letter 12-17/CA letter 12-14)
Commodity Futures Trading Commission (CFTC) Swap Clearing Rules
Interagency Counterparty Credit Risk Management Guidance
Interagency Statement on Sound Practices Concerning Elevated Risk Complex Structured Finance Activities
Guidance Regarding Indemnification Agreements and Payments
Interagency Agreement Relating to the Coordination of Major Criminal, Civil and Administrative Cases
Additional Resources
- Board Legal Interpretations
- FDIC: Laws and Regulations
- OCC Legal and Regulatory Guidance
- Regulations
- The Federal Reserve Act
Manual References
Commercial Bank Examination Manual
- Section 4070.1, "Litigation and Other Legal Matters, and Examination-Related Subsequent Events"