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Financial Institution Industry

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  Website Updated 5/15/2012

Your Source for Banking Policies, Procedures, and More.

Product Update Notification - 04/22/08


Interest Rate Risk Policy Template Update Details


What's New


Topic 3 - Responsibility.  Includes the following subtopics:


General

Board of Directors

Senior Management

Formation of an Asset and Liability Management Committee (ALCO)

Responsibilities of ALCO

ALCO Membership

ALCO Meetings

Industry Awareness


Topic 12 - Staff Training.  Provides sample guidance for the periodic training of the Board of Directors, Senior Management, ALCO and other accounting personnel.


Topic 13 - Retention of Documentation.  Provides sample guidance for the retention of interest rate risk support documentation.


What's Revised


Topic 2 - Policy Statement.  Formerly entitled "Policy Description, Authority and Scope", this section now includes the following subtopics:


General

Enforcement

Exceptions to Policy


The following subtopics were deleted and addressed in greater detail elsewhere in the product:


Description and Policy Scope

Responsibility and Authority

Industry Awareness


Topic 4 - Interest Rate Risk Management.  The following subtopics were revised:


General

Interest Rate Risk Limits


The following subtopics were added:


Risk Controls and Limits

Identification and Measurement


Topic 10 - Interest Rate Risk Report.  This topic was greatly expanded to provide sample guidance with respect to reporting requirements, responsibilities, and report contents.


Topic 12 - Audit Policy.  Formerly entitled "Audit Review Requirements", this topic was greatly expanded to provide sample guidance with respect to a financial institution's requirement to conduct periodic independent audit reviews of its interest rate risk program and underlying activities.


Product Contents


Purpose and Contents - Topic 1

Policy Statement - Topic 2

Responsibility - Topic 3

Interest Rate Risk Management - Topic 4

Interest Rate Risk Standard - Topic 5

Interest Rate Analysis - Topic 6

Interest Rate Margin Analysis - Topic 7

Market Value of Equity Analysis - Topic 8

Summary of Risk Analysis Methods - Topic 9

Interest Rate Risk Report - Topic 10

Exceptions to Policy - Topic 11

Audit Policy - Topic 12

Staff Training - Topic 13

Retention of Documentation - Topic 14


Ordering Information


This product is available to purchase from Bankpolicies.com for:


$150.00 - List Price

- or -

$50.00* - Update Price


*Applies only to clients who have purchased the Interest Rate Risk Policy Template within the last three years.


If you have ordered this product after 03/22/08 you are eligible to receive the product update at no charge.


Click here to place an order for this product.  Clients who are eligible for our Legacy Rewards Volume Discount can apply their applicable discount level to the list or update price (whichever applies).


NOTE: Refer to our Place an Order page for important information regarding payment terms and our return policy.  Orders placed for Product Updates are only available directly through Bankpolicies.com.


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