A whole host of regulators are increasing their scrutiny on lending practices and stepping up enforcement as well. Regulators expect you to have a demonstratable compliance program, and so does your bank. With this mounting pressure, your company needs to fill any compliance gaps that may raise red flags.
With this checklist, you can review the details of these 4 main areas your compliance program needs to have down pat:
Download this FREE checklist to see how well your organization embraces the 4 areas of a sound Compliance Management System (CMS) and if you can survive the compliance scrutiny.
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.