Compliance Action, Volume 24, Number 2
When selecting and contracting with third parties, there are four essential steps: risk assessment, due diligence, contract structure and review, and oversight.
This checklist can be used as a tool for evaluating contracts for elements of FDIC FIL-44-2008.
Supervisory Highlights - A Smorgasbord of Training Ideas
The CFPB periodically publishes Supervisory Highlights that describe recent examination issues, both regulatory violations and unfair or deceptive, or abusive acts or practices. These publications are chock full of great training ideas.
The CFPB is floating a couple of proposals for comment on changes to HMDA/Regulation C.
In the Editor's Opinion
Change for Goodness Sake
Change is sometimes necessary. But in the compliance world it sometimes feels like changes are implemented just because it seems like the right time to make a change.
Compliance Q & A
FDIC Exam Processing Update
The FDIC reports that it is meeting its Consumer Compliance Exam Turnaround and Exam Report Processing Time goals...most of the time.
- Nancy Castiglione
- Editor Emeritus:
- Lucy H. Griffin, Esq
- Board of Advisors:
- John S. Byrne, Esq.
Cliff E. Cook
Julie A. Gliha
Carl G. Pry
Susan A. Rich
Robert G. Rowe, III, Esq.