This Manual of Examination Policies has
been developed primarily for the benefit of the field examiner, although it will also be
useful to Regional or Washington Office staff members. It explains the policies and
examination objectives of the Corporation and the Division of Supervision pertaining to
registered transfer agent activities in a concise, understandable, and usable format. The
Manual is also available to bankers and the general public upon request.
The text of the Manual is separated into
sections. Part I, Basic Transfer Agent
Concepts and Guidelines, provides guidance on the rationale for registered transfer agent
examinations, an overview of the statutory and regulatory framework governing registered
transfer agent activity, the Registered Transfer Agent Rating System, examination
priorities and frequency, pre-examination planning activities and other information with
which the examiner must be familiar.
For examiners to properly fulfill their responsibilities, they must be knowledgeable of
the principles, policies, and practices set forth in this manual and be reasonably
familiar with applicable Federal and state laws and regulations.
