Foreign Exchange Comptroller's Handbook (Section 813)

By 1990comptroller of the Currencyadministr and 1990Comptroller of the CurrencyAdministrator of National Banks

This section is intended to provide minimum background and proceduralguidelines to examiners responsible for evaluating a bank's foreign currencyactivities. Within individual banks, foreign currency money market andexchange trading operations may be combined or completely separate withregard to policies, procedures, reporting, and even dealing. However, theyultimately must be viewed together to evaluate liquidity and to insurecompliance with overall bank objectives and risk management strategy. For thesake of brevity, this section discusses both functions as if they were performedby the same traders, processed by the same bookkeepers and managed by thesame officers. Close coordination is required among examiners performing theforeign exchange, due from banks-time, nostro account, and fundsmanagement functions.

• Format: Paperback
• Language: English
• ISBN: 1503324524
• ISBN13: 9781503324527
• Release Date: January 2015
• Publisher: Createspace Independent Publishing Platform
• Length: 38 Pages
• Weight: 0.25 lbs.
• Dimensions: 0.1" x 8.5" x 11.0"