Internal Control

Series:Safety and Soundness

Category:Management

Internal Controls Cover Letter(PDF)

Overview

This booklet addresses the importance of internal control, which comprises the systems, policies, procedures, and processes for safeguarding bank assets, limiting or controlling risks, and achieving bank objectives.

Applicability

This booklet applies to the OCC's supervision of national banks. References to national banks in this booklet also generally apply to federal branches and agencies of foreign banking organizations. Refer to12 USC 3102(b)and the "Federal Branches and Agencies Supervision" booklet of theComptroller's Handbookfor more information. For information applicable to federal savings associations, refer to former Office of Thrift Supervision Examination Handbook section 340, "Internal Control."