1. Compliance Huddle
august 2017

2. Agenda Exams/Audits Findings Reg CC – Changes to funds availability
Beneficial Ownership
Reg GG
TRID Audit Checklist
CRCM
HMDA
Anything else on your mind

3. Recent Exams Does anyone currently have examiners on-site?
Is there still a continuing increase in request information?
What is the focus of the on-site?
Has anyone just been through an exam or recently received their ROE?
Has examiner “tone” changed from the last on-site?
Are the reports giving credit where credit is due, or if there were concerns, are the reports written in such a way that the regulators are seemingly sympathetic or more demanding?
What are some of the areas of focus?

4. Changes to funds availability
What are the changes?
How will they affect the Bank?
Are the changes applicable to everyone?

5. CDD – Beneficial Ownership
Who is going to risk rate all new customers (deposit and loan side)?
Where is everyone in training staff?
Systems ready?

6. Reg GG How is everyone handling compliance with Reg GG?
Is Reg GG prohibition covered in terms and conditions at account opening with a customer signature, OR how else is it being documented?
Monitoring for compliance for activity changing?

7. TRID Specifically, short audit checklist?
Audit reviewing for accuracy of numbers or timing?

8. CRCM Benefits to bank management?
Bank pays for training, boot camp or review courses?
Raise or other perks?

9. HMDA
Does anyone have guidance for debt ratio reporting for business loans they would share?
Consumer debt ratio versus commercial debt ratio?

10. Anything Else on Your Mind…

11. Questions?
Thank you for your participation and input into the conversation! If you have any additional questions, contact Compliance Alliance at or