... INTRODUCTION In recent years, a number of programs aimed at enhancing the effectiveness of supervisory process for banks. Although effective risk management has always been central to safe and sound banking activities, it has become even more important as new technologies, product innovation, and the size and speed of financial transactions have changed the nature of banking markets. In response to these changing market realities, certain supervisory risk management processes have been refined, while others - in particular, those that have proven most successful in supervising banks under a variety of economic circumstances and industry conditions - have been retained. The objective of a risk-focused examination is to effectively evaluate the safety and soundness of the bank, including the assessment of its risk management systems, financial condition, and compliance with applicable laws and regulations, while focusing resources on the bank's highest risks. The exercise of ...

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