Skip to content

UDAAP avoidance starts with prep

Answered by: 

Question: 
Do you have any advice about preparing for our next exam in light of the regulatory emphasis on UDAAP?
Answer: 

Besides transaction monitoring, consider including process and procedure reviews as part of your monitoring and audit schedules, because examiners are considering the strength of the Compliance Management System as a significant risk component when they scope their exams.
-----------------------------
Learn more about Brian Crow’s webinar
Managing UDAAP Risk

First published on 04/09/2017

Search Topics