Common use of Management Information Systems Clause in Contracts

Management Information Systems. (1) Within sixty (60) days, the Board shall develop, implement, and thereafter ensure Bank adherence to a written program establishing an effective management information system (MIS) which facilitates risk identification, establishes controls, and delivers accurate information for timely review. In so doing, the Board shall identify the Bank’s specific information requirements and establish effective reporting mechanisms to guide decisions. The program shall include procedures for:

Management Information Systems. (1) Within sixty ninety (6090) days, the Board shall develop, implement, and thereafter ensure Bank adherence to establish a written program establishing an effective management information system (MIS) which facilitates risk identificationprogram designed to provide the Board with adequate, establishes controlsaccurate, and delivers accurate timely information for timely review. In so doing, the Board shall identify about the Bank’s specific information requirements operations and establish effective reporting mechanisms to guide decisionsactivities. The Board’s MIS program shall include procedures forbe consistent with the guidance set forth in the OCC booklet Red Flags in Board Reports: A Guide for Directors, dated September 2000, and shall require that the Board receive and evaluate timely and accurate information sufficient to:

Management Information Systems. (1) Within sixty ninety (6090) days, the Board shall develop, implement, and thereafter ensure Bank adherence to establish a written program establishing an effective management information system (MIS) which facilitates risk identificationprogram designed to provide the Board with adequate, establishes controlsaccurate, and delivers accurate timely information for timely review. In so doing, the Board shall identify about the Bank’s specific information requirements 's operations and establish effective reporting mechanisms to guide decisionsactivities. The Board's MIS program shall include procedures for:be consistent with the guidance set forth in the OCC booklet Red Flags in

Management Information Systems. (1) Within sixty thirty (6030) days, the Board shall develop, implement, and thereafter ensure Bank adherence to establish a written program establishing an effective management information system (MIS) which facilitates risk identificationprogram designed to provide the Board with adequate, establishes controlsaccurate, and delivers accurate timely information for timely review. In so doing, the Board shall identify about the Bank’s specific information requirements operations and establish effective reporting mechanisms to guide decisionsactivities. The Board’s MIS program shall include procedures for:be consistent with the guidance set forth in the OCC booklet Red

Management Information Systems. (1) Within sixty ninety (6090) days, the Board shall develop, implement, and thereafter ensure Bank adherence to a written program establishing an effective management information system (“MIS”) which that facilitates risk identification, establishes controls, and delivers accurate information for timely review. In so doing, the Board shall identify the Bank’s specific information requirements requirements, particularly regarding the lending portfolio, and establish effective reporting mechanisms to guide decisions. The program shall include procedures for: