New Products and Services. (1) Prior to the Bank's involvement in any new products or services--whether offered through the Bank, an operating subsidiary, an investment partner or the bank holding company-- the Board shall prepare a written analysis of said product or service. The analysis shall, at a minimum, include the following:
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Samples: www.occ.gov
New Products and Services. (1) Prior to the Bank's involvement in any new products or services--whether offered through the Bank, an operating subsidiary, an investment partner or the bank holding company-- services the Board shall prepare a written analysis of said product or service. The analysis shall, at a minimum, include the following:
Appears in 1 contract
Samples: www.occ.gov
New Products and Services. (1) Prior to the Bank's involvement in any new products or services--whether offered through services the Bank, an operating subsidiary, an investment partner Board or the bank holding company-- a committee designated by the Board shall prepare a written analysis of said product or service. The analysis shall, at a minimum, include an evaluation of the following:adequacy of the Bank’s organizational structure, staffing, MIS, internal controls and written policies and procedures to identify, measure, monitor, and control the risks associated with the product or service.
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Samples: Agreement by And
New Products and Services. (1) Prior to the Bank's ’s involvement in any new products or services--whether offered through services the Bank, an operating subsidiary, an investment partner Board or the bank holding company-- a committee designated by the Board shall prepare a written analysis of said product or service. The analysis shall, at a minimum, include an evaluation of the following:adequacy of the Bank’s organizational structure, staffing, MIS, internal controls and written policies and procedures to identify, measure, monitor, and control the risks associated with the product or service.
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New Products and Services. (1) Prior to the Bank's involvement in offering of any new products or services--whether offered through the Bank, an operating subsidiary, an investment partner or the bank holding company-- significant expansion of any existing product or service, the Board shall prepare cause to be prepared a written analysis of said that product or service. The analysis shall, at a minimum, include the following:
Appears in 1 contract
Samples: www.occ.gov
New Products and Services. (1) Prior to the Bank's ’s involvement in any new products or services--whether offered through the Bank, an operating subsidiary, an investment partner or the bank holding company-- services the Board shall prepare a written analysis of said product or service. The analysis shall, at a minimum, include assess the following:risks and benefits of the product or service to the Bank. Also, the new product or service must be consistent with the Bank’s strategic plan.
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Samples: www.occ.gov