Click to return to BOL home page



April 22
A Banker's Guide to Virtual Currency
Andrew Beal

April 24
BSA/AML Compliance: Writing the SAR Narrative
Ken Golliher

April 29
HSA Basics
Whitney Johnson

April 29
Required Training for Loan Originators
Mary Beth Guard and Jack Holzknecht

May 13
Overdraft Practices in Today's Regulatory Environment
John Burnett

May 14
Reg E Claims - Allocating Liability Correctly
Andy Zavoina



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

Registered: 04/11/02
Posts: 583
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."

Top
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.

Top
#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?

Top
#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.

Top
#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

Top
#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?

Top
#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.

Top
#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.

Top


Moderator:  Andy Z