Exam Preparation

Safety & Soundness Exam Preparation for Fintech

Safety and soundness examinations evaluate your institution's financial condition, risk management, and operational practices. Canarie helps you maintain evidence of governance, risk management activities, and control effectiveness throughout the examination cycle. Specifically tailored for the unique examination requirements facing fintech.

More for Fintech

Fintech Exam Preparation Challenges

Building compliance programs from scratch
Meeting sponsor bank requirements
Preparing for potential direct regulation
Scaling compliance with rapid growth
Managing multi-state licensing

Examining Agencies

FDICOCCFederal ReserveNCUA

Exam Frequency

Annual for most institutions

Preparation Steps for Fintech

1
Update enterprise risk assessment
2
Compile board and committee minutes
3
Gather audit and examination follow-up evidence
4
Document policy review completions
5
Prepare capital and liquidity documentation
6
Compile internal control testing results
7
Document vendor management activities

Evidence Examiners Expect

Board and committee meeting minutes
Enterprise risk assessment
Audit findings and remediation tracking
Policy attestations and reviews
Capital planning documentation
Internal control testing results
Vendor due diligence records

Related Compliance Areas for Fintech

BSA/AML programConsumer protectionData privacyThird-party risk managementState licensing

Frequently Asked Questions

Transform Safety & Soundness Exam Preparation for Your Fintech

See how fintech prepare for examinations in days, not weeks.