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STATE OF OHIO DEPARTMENT OF TRANSPORTATION COLUMBUS, OHIOPROPOSED HIGHWAY IMPROVEMENTS FOR CONTRACT LETTING July 2, 2015, This pamphlet is issued solely for the purpose of circulating advance information
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SR 16-16 is a supervisory guidance issued by financial regulatory agencies that outlines risk management expectations for financial institutions.
Financial institutions that are regulated by federal agencies and that manage certain types of risks are required to comply with the expectations outlined in SR 16-16.
There is no formal filing process for SR 16-16 as it is not a form to be submitted; rather, institutions must implement the risk management practices and policies as outlined in the guidance.
The purpose of SR 16-16 is to provide guidance to financial institutions on managing risks associated with third-party relationships.
SR 16-16 does not require specific information to be reported; instead, it emphasizes internal risk assessments and management practices related to third-party relationships.
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