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Policies and procedures for compliance

Answered by: 

Question: 
Are policies and procedures required by the new rule?
Answer: 

In general, each insured depository institution must establish and maintain written policies and procedures to achieve compliance with the regulation. We will discuss this question in more detail during the webinar.

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Learn more about John Burnett's The FDIC's Revised Advertisement of Membership Rule: Getting Ready webinar.

First published on 01/14/2024

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