Compliance Solutions

We know how valuable your time is. We also understand the demands of maintaining a strong compliance program in today’s regulatory and economic environment. As such, bankers have been looking for efficient, cost-effective means by which to build and maintain effective Compliance Management Programs. We have your solution.

 

Our Compliance Risk Management Program provides you a comprehensive independent assessment of your compliance function. Your review schedule will be based on a preliminary risk assessment derived from several sources to ensure appropriate coverage based on risks presented. The frequency of our reviews is tailored to your needs. We typically perform reviews on monthly, bi-monthly and quarterly schedules; however “target” (i.e. one-time or annual) reviews may be completed as requested. Our most common target review is focused on performing an independent assessment of the Bank Secrecy Act/Anti-Money Laundering Compliance Function in accordance with regulatory requirements.

 

The following topics may be scheduled as stand-alone “target” reviews or plotted within a risk-based schedule in specific segments (e.g. monthly, bi-monthly, quarterly, semi-annually, etc.). Audits may be performed for topics outside of this list. Discussions of custom reviews can be arranged.

 

 

Lending Activities

  • Regulation AA: Unfair, Deceptive or Abusive Acts or Practices

  • Regulation BB: Community Reinvestment Act

  • Regulation B: Equal Credit Opportunity Act

  • Regulation C: Home Mortgage Disclosure Act

  • Regulation FF: Consideration of Medical Information in Credit Decisioning

  • Regulation M: Truth-in-Leasing Act

  • Regulation O: Insider Activities

  • Regulation Z: Truth-in-Lending Act

  • Regulation X: Real Estate Settlement Procedures Act

  • Fair Credit Reporting Act

  • Fair Debt Collection Practices Act

  • Fair Housing Act

  • Home Ownership Counseling

  • Appraisal Standards

  • S.A.F.E. Act

Depository Services

  • Regulation CC: Expedited Funds Availability Act

  • Regulation D: Reserve Requirements & Account Limitations

  • Regulation DD: Truth-in-Savings Act

  • Regulation E: Electronic Funds Transfer Act

  • Regulation C: Disclosure & Reporting of CRA-Related Agreements

  • Regulation GG: Prohibition on Funding of Unlawful Internet Gambling

 

Other Areas

  • Bank Secrecy Act / Anti-Money Laundering

  • Identity Theft Prevention / Red Flags

  • Regulation P: Privacy of Consumer Financial Information

  • Right to Financial Privacy Act

  • Regulation V: FACT Act

  • Bank Bribery Act

  • Americans with Disabilities Act

  • Bank Protection Act