Compliance continues to be a costly and time-consuming burden for most banks. The rules change frequently, and it can be difficult to know how to apply the rules and regulations to the bank’s day-to-day operations. The risk of noncompliance is great – a single regulatory violation, or a widespread pattern of violations, can lead to such negative outcomes for the bank as low ratings, fines, increased regulatory scrutiny, loss of reputation, lawsuits, and restricted activities.

Where can you get the expert guidance you need in all the key compliance areas: consumer, marketing and advertising, operations, and safety and soundness? Guidance to help you prepare for your exams on compliance, safety and soundness, Community Reinvestment Act, information security, and other periodic regulatory exams? Bank Compliance Expert Online can give you the answers you need!

This fully searchable collection of thousands of documents dealing with compliance law and regulation brings together the expert guidance that only Sheshunoff can provide, with work tools such as policies, procedures, internal audit checklists, and more, all linked to the laws and regulations themselves. Authors with hands-on expertise tell you what the rules and regulations mean to you, and what steps you need to take to stay in compliance.

You’ll get expert interpretive guidance and analysis on compliance by regulation, and compliance in the areas of consumer lending, marketing and advertising, operations, and safety and soundness, to help you comply more easily. The guidance is linked to the applicable laws and regulations and underlying agency documents so you can quickly move from text to explanatory information and back. Best of all, you’ll never have to dig through reams of regulations or mountains of manuals to find out what you need to do to stay in compliance.

In addition, you’ll get essential work tools prepared by compliance experts, including policies, procedures, internal audit, and tips for avoiding the most common violations of federal consumer protection laws and regulations.

FEATURES:

• A fast, but exceedingly thorough search engine that allows for both broad and narrow searches
• Legal and regulatory analysis and guidance by the foremost experts in the field
• All laws and regulations related to the given topic
• All federal regulatory agency documents and issuances related to the area of coverage
• Hypertext linking throughout the documents
• Optional e-mail alert services bringing developments and updates to you

SUMMARY OF CONTENTS:

• Recent Additions – highlights what’s changed so you can keep up quickly and easily.
• News from Washington – Bank Law & Regulatory Report – This monthly analysis provides a round-up of legislative and regulatory actions, upcoming developments, and compliance concerns that bankers and attorneys alike need to know.
• Expert Guidance and Analysis
  • Compliance Guidance by Regulation: This comprehensive analysis provides guidance regulation by regulation, reviewing each of the rules, the potential violations, the examination requirements, and the effect of that regulation on different functions within your bank.
  • Consumer Lending Compliance: This full-scope manual covers compliance for open-end credit, real estate loans, credit cards, home equity loans, closed-end credit, real property loans, and consumer leases from both a procedural and advertising point of view, providing in-depth analysis of what needs to be done to stay in compliance with the regulations involved and how to keep in line with the specific regulator’s guidance.
  • Marketing & Advertising Compliance: This comprehensive treatment provides clear, authoritative guidance to help you keep up with the ever-changing marketing compliance rules. It covers every consumer product a bank can offer, on a product-by-product basis, so you can find the material, not by trying to determine whether a particular law or regulation applies to a specific depository or loan product, but seeing it quickly and directly based on the product you are considering.
  • Operations Compliance: This product covers depository operational compliance, dealing with each area of regulatory compliance in this area of the bank, from account openings to check clearing, from certificates of deposit to money market accounts, from payments and funds availability to privacy.
  • Safety & Soundness Compliance: Institutions are dealing with an increasing focus from the regulators in this area.  This outstanding guidance keeps up with rules on interest rate, credit, liquidity, and legal risks, and other safety and soundness issues.
• Special Reports: Analysis of Special Developments – These reports, always written by the top experts on the given subject, address special issues that face compliance officers.
• Worktools for Compliance Professionals
  • Policies & Procedures – One of the key roles of the compliance officer is to build policies that comply with the regulations that must be submitted to and approved by the Board of Directors and to work with department heads to build the procedures that implement these policies.
  • Internal Audit Programs – The compliance officer and auditor must regularly audit the bank’s practices to make certain that the bank remains in compliance. And, regulators want to see evidence that this is being done.  These checklists and worksheets allow the compliance/audit staff to regularly review the bank practices.
  • Compliance Examinations Update – This service has been the gold standard in compliance officer self-preparation for over 10 years. Written originally by John Mancuso, General Counsel and Chief Compliance Officer of KeyCorp, the product is a true one-of-a-kind, bringing together thousands of compliance scenarios (and timely ones at that), with hypothetical situations, and exercising the compliance officer's mind to understand how the regulators would want institutions to properly comply.
• Federal Regulatory Forms – This compendium of forms, with brief commentary as to purpose and guidance for use, provides a unique set of official, up-to-date forms that you can find quickly and use; no need to spend hours searching for them elsewhere.
• Compliance Glossary – This glossary, built by Sheshunoff’s experts, provides a full list of terms with easy-to-understand explanations of each term.
• USC – All statutory sections dealing in even a tangential way with compliance issues are provided.
• CFR – All federal banking regulations (for all regulators) applicable to compliance are provided.
• Agency Documents, Manuals, and Issuances. Statements, documents, and publications from the OCC, Federal Reserve, FDIC, FFIEC, and OTS with relevance to compliance are provided.
• Federal Register – Banking Agency Extract. Updated daily.
• State Laws and Regulations.

Bank Compliance Expert Online also offers convenient optional e-mail updates. Users can sign up to receive any or all of the following:

• Bank Compliance Expert Daily Regulatory Alert (daily Federal Register updates)
• Bank Compliance Expert Monthly Alert (includes updates from Expert Guidance and Analysis, USC, CFR, and Agency Documents)
• Monthly Analysis from Bank Compliance Expert's Washington Desk (from Bank Law & Regulatory Report)
• Bank Compliance Examinations Alert (from Compliance Examinations Update)