Wis. Admin. Code Department of Financial Institutions DFI-SB 19.08 - Safeguards for the financial institution
A financial institution that establishes or maintains a financial subsidiary shall ensure the following:
(1) The procedures of the financial
institution for identifying and managing financial and operational risk within
the financial institution and the financial subsidiary adequately protect the
financial institution from such risk; and
(2) The financial institution has, for the
protection of the financial institution, reasonable policies and procedures to
preserve the separate corporate identity and limited liability of the financial
institution and the financial subsidiaries of the financial
institution.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.