Regulatory Examination

A regulatory examination is an official review conducted by government agencies to assess how well a financial institution, like a bank or credit union, complies with laws and regulations. It involves inspecting the institution’s records, policies, and operations to ensure they are safe, sound, and ethical. The goal is to protect customers’ interests, maintain financial stability, and prevent fraud or malpractice. These examinations help identify risks, enforce compliance, and promote responsible management within the financial industry.