Daniel P. Stipano extensively quoted in American Banker article, “Will coronavirus hasten arrival of fully remote bank exams?”
American BankerDaniel P. Stipano
Daniel P. Stipano was extensively quoted on May 1, 2020 in an American Banker article, “Will coronavirus hasten arrival of fully remote bank exams?” which discussed the transition to a remote work environment during the coronavirus pandemic, and how it will effect bank examinations.
Stipano said, “Demeanor, body language, non-verbal cues — those are all much more clear in person. That’s the key thing that’s lost when you need to work remotely.” He also noted that, “Examiners can function remotely and still get their jobs done, and agencies can still take whatever supervisory and enforcement actions they need to. They’re not limited in that way.”