Examiner-in-Charge School Feb 2024

Internal Use Only

Enforcement Actions

What is an enforcement action?

Why do bank regulators use them?

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Internal Use Only

Types of Enforcement Actions • Informal vs. Formal • Typically joint actions • Contents:

• Identifies parties to the document • References a specific examination • Requires signatures of the directors • Sets time frames for initiating change • Usually requires updated to the regulators

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