Although the compliance landscape has been relatively stable lately, it remains essential for compliance pros to keep their wits sharp. In this article, you'll gain five valuable, and free compliance resources that you can download and share with your colleagues. One of them is even a brand-new Fair Lending training module that you can use at your financial institution!
As the regulators begin to turn their attention to rule-making and reform, like debt collection, it's important for compliance professionals to make sure they are prepared for changes. To help you do just that, we've gathered a handful of valuable compliance resources that you can download and share with your team!
Vendor risk management is one of the top risks facing financial institutions today. The regulators will view risks posed by your vendors and third-party partners as your own. Consequences for failing to manage your vendors risks may range from a slap on the risks to fines.
There are a few risks that you need to make sure to manage, and seven of them stand out consistently. You can learn them with this worksheet, released earlier this year. Just fill out this form to get it immediately. You can also learn more about vendor risk and how Ncontracts can help with Nvendor, their vendor management software.
This completely free compliance glossary includes the definitions for more than 200 key terms that every regulatory compliance pro needs to know. We've heard from more than one reader that they can't believe it's free.
In it, you'll see the essentials details about many of the key compliance regulations. From Fair Lending discrimination to BSA/AML compliance, to lesser-known terms like "AMPTA, the Alternative Mortgage Transactions Parity Act of 1982," there is something for everyone.
We're excited to announce this brand-new Fair Lending training module, just released today! This is one of the most common requests we get, and we're glad to finally share this resource with you.
In it, you'll learn all the basics of Fair Lending compliance in an easy-to-present training module. Feel free to use this as the foundation for your next Fair Lending training session - it is designed for just that purpose!
You can feel free to edit this by adding statements about your financial institution's commitment to compliance, regulatory history, or other details that may be valuable and relevant. However, do know that all use is at your own risk.
TRUPOINT Viewpoint: TRUPOINT specializes in helping financial institution comply and grow. To that end, we've created a wealth of content to help you manage your risk and create a strong culture of compliance.
If you'd like to learn more, you may appreciate hearing from a few bankers about how we help them achieve their Fair Lending and CRA compliance goals. Get this free case study today!