Question

Suppose that supervisory authority of commercial banks makes an onsite examination of ABC commercial bank and...

Suppose that supervisory authority of commercial banks makes an onsite examination of ABC commercial bank and finds some violations committed by ABC bank in its documentation. The violations do not have serious concerns about the adopting bank regulations by ABC bank. In your opinion, what will be the policy recommendations of the supervisory authority for the bank?

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Answer #1

Q.  what will be the policy recommendations of the supervisory authority for the bank?

Answer : As per the onsite examination of the supervisory authority, there are no serious violations but violations are there. So the authority shoud recommend the ABC Bank to properly follow the bank regulations and do take care to ensure strict ethics to avoid any serious violations. Whatever current violations are there, they need to be worked on and avoided in the future.

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