Do yourself a favor. Start with a cover sheet to the policy that explains that all references to 12 CFR Part 205 should be read as references to 12 CFR Part 1005. That gives you breathing room.
Then go through the policy when you have more time and try to eliminate all those regulatory citations. You shouldn't need them.
John S. Burnett
Fighting for Compliance since 1976
Bankers' Threads User #8