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Current as of January 01, 2024 | Updated by FindLaw Staff
(a)Audit
The Inspector General of the Export-Import Bank of the United States shall conduct an audit or evaluation of the portfolio risk management procedures of the Bank, including a review of the implementation by the Bank of the duties assigned to the Chief Risk Officer under section 635a(l) of this title, as amended by section 51005.
(b)Report
Not later than 1 year after December 4, 2015, and not less frequently than every 3 years thereafter, the Inspector General shall submit to the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives a written report containing all findings and determinations made in carrying out subsection (a).
Cite this article: FindLaw.com - 12 U.S.C. § 635a-7 - U.S. Code - Unannotated Title 12. Banks and Banking § 635a-7. Independent audit of Bank portfolio - last updated January 01, 2024 | https://codes.findlaw.com/us/title-12-banks-and-banking/12-usc-sect-635a-7/
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