Supervision and Enforcement

The Office of Capital Access has updated SOP 50 53 to incorporate developments in SBA’s supervision and enforcement program given new legislation, regulations, notices, delegations of authority, and evolving practices.  This update is accomplished within the current SOP framework for the Office of Credit Risk Management (OCRM) supervision and enforcement and notably includes SBA’s Risk-Based Review Protocol, PARRiS and SMART methodologies, civil monetary penalties, temporary suspensions/revocations of Secondary Market Sales authority under 13 CFR 120.660, Lender oversight fees, receivership provisions for SBA Supervised Lenders and CDCs, and oversight of SBA Lender management of Agent activities. In addition, it updates Lender peer groups, the corrective action process, Informal Enforcement Actions, confidentiality of supervisory information, guidance on shortened and non-renewal of delegated authority, and Intermediary enforcement.



In this revision, SBA has added cross-references to statutory, regulatory, and other authorities strengthening the SOP. Finally, OCRM has also added oversight guidance from SOP 50 10, allowing that SOP to streamline its overview of SBA oversight in its next version.