Compliance Procedures Manual Update
Our assessment focuses on new or amended laws and regulations since the Bank’s Compliance Procedures Manual was adopted, as well as applicable regulatory information and associated compliance procedures. We also allocate time to include revisions necessary to update changed controls or procedures for existing regulations. The Compliance Procedures Manual provides Bank associates with a reference of significant banking laws and regulations. The manual is designed to provide an overview of key regulatory requirements, the Bank’s procedures for compliance, and the Bank’s quality assurance processes.
For each law and/or regulation (outlined below), the manual includes:
- What is the purpose and scope?
- What are the key compliance requirements?
- How does the bank comply?
- How does the bank ensure compliance?
Sample Procedure Manual