Dateline 2004. Banking
Supervision and Regulation staff traveled to Europe, South
America, Mexico, Asia, and the Middle East to deliver bank
examiner and technical training to international regulators.
Staff also conducted training for foreign examiners who visited
the San Francisco Reserve Bank.
programs and those coordinated by the Board of Governors,
Twelfth District banking experts meet
regularly with international regulators to share information
on regulatory issues and processes and to provide training.
These exchanges provide opportunities to network and to convey
the Federal Reserve’s commitment to international
cooperation among foreign regulators and central
building international ties provides opportunities
to track the latest
trends and developments in foreign banking and
financial sectors, which affect U.S. sectors.
sessions held in 2004 covered risk-focused
at the bank examination process, core supervisory
issues, auditing, and credit and market risk analysis,
other topics. At
a seminar held in Cairo, Egypt, 47 financial regulators
representing ten Middle Eastern and North African
countries studied operational
risk in a session presented by Twelfth District
banking experts. The U.S. Treasury sponsored the
by the Central Bank of Egypt and the Egyptian Banking
Institute as part of a new outreach effort
to Middle Eastern regulatory
of its close geographical ties to Asia, the
Twelfth District is the Federal Reserve
knowledge center for monitoring and analyzing
financial and banking developments
in this growing region. During 2004, visiting
examiners from Japan, Korea, and China attended
in San Francisco. The training included on-site
examination work combined with a series of
seminars with topics ranging
basic CAMELS* risk analysis in bank exams
to developing enterprise
risk management techniques.
Fed examiners evaluate a bank’s risk levels related
to six factors, together called a “CAMELS” (capital,
assets, management, earnings, liquidity, and sensitivity
to interest rate fluctuations) rating.