Back

Establish, implement, and maintain lending policies.


CONTROL ID
16608
CONTROL TYPE
Establish/Maintain Documentation
CLASSIFICATION
Preventive

SUPPORTING AND SUPPORTED CONTROLS



This Control directly supports the implied Control(s):
  • Establish, implement, and maintain a financial management program., CC ID: 13228

This Control has the following implementation support Control(s):
  • Align the lending policy with the organization's risk acceptance level., CC ID: 16716
  • Include the requirements for risk assessments in the lending policy., CC ID: 16730
  • Include the requirements for sensitivity analyses in the lending policy., CC ID: 16728
  • Include the requirements for feasibility studies in the lending policy., CC ID: 16726
  • Include pricing structures in the lending policy., CC ID: 16724
  • Include monitoring requirements in the lending policy., CC ID: 16710
  • Include loan origination procedures in the lending policy., CC ID: 16709
  • Include review procedures and approval procedures for exception loans in the lending policy., CC ID: 16708
  • Include loan requirements in the lending policy., CC ID: 16706
  • Include appraisals and evaluations in the lending policy., CC ID: 16705
  • Include terms and conditions in the lending policy., CC ID: 16695
  • Include the scope and distribution of loans in the lending policy., CC ID: 16693
  • Include geographic areas in the lending policy., CC ID: 16691
  • Include underwriting guidelines in the lending policy., CC ID: 16619
  • Include loan-to-value ratio limits in the lending policy., CC ID: 16618
  • Include documentation requirements in the lending policy., CC ID: 16617
  • Include approval requirements in the lending policy., CC ID: 16615
  • Include reporting requirements in the lending policy., CC ID: 16614
  • Include loan portfolio diversification standards in the lending policy., CC ID: 16611
  • Include loan administration procedures in the lending policy., CC ID: 16610
  • Review and approve lending policies., CC ID: 16607


SELECTED AUTHORITY DOCUMENTS COMPLIED WITH



This control is an implied control and is included to maintain the legal hierarchy for your selected controls.