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  4. SECTION XIII
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SECTION XIII—External Oversight Function

(A) The external oversight function (EOF) shall conduct a continuing review and evaluation of law enforcement programs and operations.
(B) The EOF for Reserve Bank programs and operations will be performed by the Board’s Division of Reserve Bank Operations and Payment Systems.
(C) The EOF for the Board’s program and operations will be performed by the Board’s Office of the Inspector General. No provision of these regulations, however, shall limit the role of the Board’s Inspector General’s Office in conducting agency performance audits, investigating alleged criminal conduct or other misconduct, or performing any other function falling within its statutory jurisdiction.
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