June 11, 2024 - 5:24pm
#1
Has anyone done an audit to cover derivative use per section 703.106(b)(2)? We have a small rate hedge and now need to comply with the reg to demonstrate appropriate governance and internal controls. If you have done this, let me know if you have a work program you'd share. Thanks
https://www.ecfr.gov/current/title-12/part-703/subpart-B#p-703.106(b)(2)
