Skip to content

Handling Multiple Regulatory Disclosures

Answered by: 

Question: 
I am with the trust compliance risk management department and perform compliance reviews for advertising and presentations that frequently involve products from multiple business lines: e.g., a wealth management piece may include reference to private banking, estate and wealth planning, insurance, investment management and brokerage services. How do you handle the multiple regulatory disclosures (FDIC, Equal Housing, Interagency statement, etc.) without completely cluttering the material with disclosure?
Answer: 

You don't. This is one reason acting Comptroller of the Currency Julie Williams is advocating reform. There is so much disclosure that the real terms of a contract can get lost.

First published on BankersOnline.com 4/18/05

First published on 04/18/2005

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics