Compliance Services
III. Compliance Mangement Program
Development & Assessment
1. Written Program Development
We have developed a comprehensive written Compliance Management Program (CMP) prototype which is specifically tailored to the particular regulatory needs of the client financial institution.
The scope of the CMP prototype covers the applicable legal requirements of each major banking function or product.
The format of the Compliance Management Program is unique in that all applicable requirements of the banking regulations which impact on a particular bank function are identified, organized and documented in a workflow orientation so as to provide an integrated compliance checklist for each function.
2. Qualitative Assessment of Existing Compliance Program
This service entails a thorough review and critique of the adequacy and effectiveness of a financial institution's existing Compliance Program. We will provide specific recommendations to senior bank management and line management to enhance the overall quality of the bank's written Compliance Management Program.