IG Audit – Federal Reserve Board Board Controls over Handling of Federal Open Market Committee Meeting Minutes

by Sabrina I. Pacifici on September 18, 2013

OIG Report No. 2013-AE-B-012: Board Should Strengthen Controls over the Handling of  the Federal Open Market Committee Meeting Minutes - August 27, 2013.

“…Office of Inspector General’s report on the subject audit….objectives were to evaluate the Board of Governors of the Federal Reserve System’s (Board’s) processes for distributing Federal Open Market Committee meeting minutes to Federal Reserve staff and the Board’s management controls to prevent the early distribution of those minutes. We conducted this audit in response to a request from  the Board’s Chairman.”

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