January 2001

Internal Control

This publication is a part of:

Collection: Comptroller’s Handbook

Series: Safety and Soundness

Category: Management

Transmittal

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 to 12 USC 3102(b) and the "Federal Branches and Agencies Supervision" booklet of the Comptroller's Handbook for more information. For information applicable to federal savings associations, refer to former Office of Thrift Supervision Examination Handbook section 340, "Internal Control."