Regulators have moved the exam process offsite in response to the COVID-19 pandemic, putting virtual exams to the test. Although regulators have long considered ways to digitize the process, COVID-19 inevitably imposed new challenges and some potential benefits.
Join moderator Koby Bambilia and panelists Richard Harvey of Beneficial State Bank, and Nisan Blum of Bank Leumi USA as they discuss what works, what doesn’t, and how to implement successful virtual processes, including:
- Insights on how to manage offsite regulatory exams during COVID-19 and other crises
- What advance preparation for an exam would entail, including technological considerations
- How to communicate appropriately to ensure effectiveness and transparency
- The trends coming out of the current environment in order to anticipate the post-pandemic future