Analyze the volume and distribution of the bank’s international activities, including commitments and other off-balance-sheet exposures, noting any changes since the previous examination. Determine the implications for risk of the following:

• Significant country or regional concentrations of exposure.

• Serious economic or other problems in countries in which the bank has significant exposures.

• Significant growth in exposures to residents of a particular country.

• Significant growth in exposures to a particular economic sector within a country (e.g., banking, commodity producers, manufacturing, or the public sector).

• Significant growth in exposures to a geographic region (e.g., Asia, Latin America, or Eastern Europe).

Analyze the nature of the bank’s international activities, noting any changes since the previous examination. Determine the implications for risk of the following:

• Significant growth in any existing products or activities.

• Any new or planned products or activities.

If the bank has acquired any significant new foreign affiliates since the previous examination, analyze the effect of these acquisitions on the risk profile of the bank. Consider:

• The nature and volume of the affiliate’s activities.

• The affiliate’s potential for adversely affecting the bank’s reputation.

Review the business and/or strategic plan for the bank’s international activities. Consider:

• Growth goals and exposure limits―for individual countries and for regions.

• New and planned products and business lines.

Review and discuss with management any internally prepared risk assessments of the bank’s international activities.