OCC Heightened Standards (12 CFR Part 30, Appendix D)
III. Standards for the board of directors – OCC Heightened Standards (12 CFR Part 30, Appendix D)

OCC Heightened Standards (12 CFR Part 30, Appendix D) III.B: III.B Active oversight of management and credible challenge

The board should actively oversee risk-taking and hold management accountable for adhering to the framework, and may rely on IRM and internal audit assessments and reports to question, challenge and when necessary oppose management recommendations and decisions that could push the risk profile beyond appetite or jeopardize safety and soundness.

Maintained by Gerard BlokdykVerified against the published standard Control text last updated

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