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Board Report: 2013-AE-B-016 September 30, 2013

The Board Should Improve Procedures for Preparing for and Responding to Emergency Events

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OFFICE OF INSPECTOR GENERAL
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
CONSUMER FINANCIAL PROTECTION BUREAU

September 30, 2013

Memorandum

TO:

Michell Clark
Director, Management Division
Board of Governors of the Federal Reserve System

FROM:

Melissa Heist   /signed/
Associate Inspector General for Audits and Evaluations

SUBJECT:

OIG Report No. 2013-AE-C-016: The Board Should Improve Procedures for Preparing for and Responding to Emergency Events

Attached is the Office of Inspector General's report on the subject evaluation. We conducted this review to evaluate the Board of Governors of the Federal Reserve System's (Board's) policies and procedures for responding to unexpected emergency events and to assess communication protocols for processing and disseminating information to Board staff during such emergencies.

We provided you with a copy of our draft report for review and comment. In your response, included as appendix C, you described actions to implement our recommendations.

We appreciate the cooperation that we received from the Safety and Emergency Preparedness Bureau during our evaluation. Please contact Timothy Rogers, Senior OIG Manager, or me if you would like to discuss this report or any related issues.

Attachment

cc:

Donald Hammond, Chief Operating Officer
David Capp, Management Division
William Mitchell, Division of Financial Management