American Bankers Association Exam CRCM Topic 9 Question 114 Discussion

Actual exam question for American Bankers Association's CRCM exam

Question #: 114
Topic #: 9

[All CRCM Questions]

Which of the following is NOT a requirement of Regulation F?

AWriting and maintaining policies and procedures for managing exposure to correspondent banks

BMonitoring the exposure to correspondent banks on a regular basis

CEstablishing internal limits on exposure to correspondents

DProviding quarterly reports to the board of directors of compliance audit results

Show Suggested Answer

Suggested Answer: D

by Graciela at Jul 09, 2025, 08:09 PM

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4 days ago

I agree with Ozell, D seems like the odd one out.

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6 days ago

I think the answer is D.

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