Canarie AI

Exam Preparation

Safety & Soundness Exam Preparation for Licensed Fintechs

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 licensed fintechs.

More for Licensed Fintechs

Licensed Fintechs Exam Preparation Challenges

Managing licenses across 50+ jurisdictions
Tracking state-specific requirements
License renewal management
State examiner relationships
Scaling to new states efficiently

Examining Agencies

FDICOCCFederal ReserveNCUA

Exam Frequency

Annual for most institutions

Preparation Steps for Licensed Fintechs

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 Licensed Fintechs

State licensing and renewalBSA/AML programConsumer protectionState-specific disclosure requirementsExamination management

Frequently Asked Questions

Transform Safety & Soundness Exam Preparation for Your Licensed Fintech

See how licensed fintechs prepare for examinations in days, not weeks.