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July 23
Opening Accounts for Marijuana Businesses: CIP, CDD, Risk and Monitoring
Deborah Crawford

July 29
W-9, W-8BEN and W-8 BENE: IRS issues new forms and new rules;
Deborah Crawford

July 31
ACH Security Framework Rule - Small Rule, Big Implications;
Rayleen Pirnie

August 6
Part I
Flood Insurance: Requirements and Best Practices
A Two-Part Companion Webinar Series;
David Dickinson and Jerod Moyer

August 12
A to Z of Reg E;
Andy Zavoina



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#19980 - 06/07/02 09:58 AM Reg B
Lu Offline
Platinum Poster

Registered: 04/11/02
Posts: 596
Does anyone have a Reg B Compliance Audit program that they are willing to share?
Thanks
_________________________
"If you only laugh and enjoy life when your problems are all solved, you'll never enjoy life."

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Audit
#19981 - 06/07/02 10:35 AM Re: Reg B
Maria Offline
Platinum Poster

Registered: 04/25/01
Posts: 502
Loc: Sylacauga, Al, United States
I try to use our agencies worksheets when possible, but sometimes I find them overwhelming. I do have the OCC agency worksheet for this reg on my computer. I will send it to be posted. I also bought a manual from Alex information "Regulatory Compliance Audit Program" that brings the audits to my level of understanding. It was a good investment for me.

Hope this helps you.

Opinions and requests are mine not my employer. This is not legal advice and I am not solicitating for the above company and/or agency.

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#19982 - 06/07/02 10:49 AM Re: Reg B
banksconsultus Offline
New Poster

Registered: 05/04/02
Posts: 15
Loc: Los Angeles, California
Maria

Many thanks. Someone must have been reading my mind. Regulation B examinations are the most thankless job I have. Where will the workpapers be posted?

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#19983 - 06/07/02 12:28 PM Re: Reg B
vaca Offline
Junior Member

Registered: 06/06/02
Posts: 37
We also purchased Alex Information's "Regulatory Compliance Audit Program". It is a very good investment. It has extensive compliance audit programs and as Maria said is written is English. Alex eSolutions, Inc., 7000 West William Cannon Drive, Building West Wo, Suite 2230, Austin, TX 78735. 1-800-945-6597. We just completed our Reg B audit using their audit program.

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#19984 - 06/07/02 12:49 PM Re: Reg B
Maria Offline
Platinum Poster

Registered: 04/25/01
Posts: 502
Loc: Sylacauga, Al, United States
Mary Beth will post it on BankersOnline, but I am not sure what section. She will let us know.

Opinions and requests are mine not my employer

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#19985 - 06/07/02 01:02 PM Re: Reg B
Steph Offline
Member

Registered: 06/07/02
Posts: 73
If I basically 1)check adverse action notices for the correct info, 2) check and make sure the correct application was used, 3)make sure the monitoring info was collected, would that pretty much cover the Reg B compliance audit or is more required? Did you sort through the Alex Info Compliance Audit Program and pick out the checklist that applied to ECOA and Reg B? Feeling a little lost, can you tell?

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#19986 - 06/07/02 01:28 PM Re: Reg B
Anonymous
Unregistered


You can find the Reg B Compliance Worksheet in the Compliance part of Banker Tools.

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#19987 - 06/07/02 04:26 PM Re: Reg B
Maria Offline
Platinum Poster

Registered: 04/25/01
Posts: 502
Loc: Sylacauga, Al, United States
No, I did not have to. The manual I spoke of has the worksheets separated by regulation and it identifies how to audit for it.

But the other worksheet I spoke of is posted now.

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