A whole host of regulators are increasing their scrutiny on lending practices and stepping up enforcement as well. Regulatory pressure is nothing new, but with this added scrutiny, your organization needs to fill any compliance gaps that may raise red flags.
With this checklist, you can dig into the details for these 4 main areas your compliance program needs to have down pat:
Download this FREE checklist to see how well your organization embraces a CMS's 4 areas of focus and if you can dodge the regulatory pitfalls.
The compliance stakes are high.
Not only does the CFPB expect every entity it supervises to have an effective Compliance Management System (CMS) adapted to its business strategy and operations, financial partners do too.
Use this checklist to learn where you might have holes and next steps on filling them.