1. Compliance Huddle
March, 2017

2. 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?

3. Disaster Planning
Business continuity plans, when was the last time you reviewed it?
Natural disasters:
Flood
Earthquake
Tornado
Hurricane
Other disasters:
Extended power outages
Network outages
Cyberattack
These are problems, but also an opportunity to show how vital you are to your community in times of need.

4. Prepaid Cards Do you offer them? What issues are you dealing with?
What about payroll cards?
CIP?

5. Beneficial Ownership Rule
Lots of confusion – how are you handling it?
Training for bankers
Certification form
Who are you getting CIP information on?

6. Mortgage Loans
Loan Servicing Transfers
Some unique situations:
Successor-in-interest transactions and dealing with the estate
Assumptions
Owelty liens (divorce)
Any others?

7. Anything Else on Your Mind…

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