The Large Institution Supervision Coordinating Committee (LISCC) Dedicated Supervisory Teams (DST) function is responsible for executing continuous risk-focused supervisory programs for five complex financial institutions in the Second Federal Reserve District, which include U.S. Bank Holding and Intermediate Holding Companies currently subject to the Federal Reserve System’s oversight. This responsibility encompasses an understanding of and assessment of each firm's risk profile, governance structure, and strategy with the expressed goal of identifying institutional-specific and horizontal/systemic areas of concern.
The Federal Reserve Bank of New York works within the Federal Reserve System to implement monetary policy, supervise and regulate financial institutions and help maintain the safety, soundness and vitality of our economic and financial systems. As part of the New York Fed's core mission, we supervise and regulate financial institutions in the Second District with the goal of fostering a safe and competitive U.S. and global banking system.
