Appointing a Person Responsible for Implementation of the Red Flags Program
Answered by BOL Gurus Mary Beth Guard and Jack Holzknecht Bios
Question: Can the Board of Directors or a member of Senior Management
appoint someone to have responsibility for the program so long as they review and approve any changes or additions to the program?
Answer: They actually must delegate responsibility for implementation to
someone, with oversight and input by the Board and senior management.
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