Compliance Issues for E- Statements

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Question:

We are considering making e-statements available to our customers. What compliance issues do we need to be address?

Answer:

There's ESIGN, state law, disclosures required by the regs that require the statements and possibly CAN-SPAM. Andy recently did a webinar on e-delivery and the CD would be an excellent guide to all the important considerations and known hot spots. You can find the CD HERE in the BOL Banker Store.

First published on BankersOnline.com 8/25/08