A Subscription-based Compliance Support Service Offering Priority Response, Expert Advice
Regulatory Compliance Manager, a subscription-based service, provides compliance support services and resources to help you face your compliance challenges head-on and manage your CMS effectively.
Ongoing support is key to an effective compliance management system.
TCA’s Regulatory Compliance Manager (RCM), a subscription-based service, provides such support, keeping you informed about regulatory changes and prepared to meet your compliance challenges head‐on.
TCA’s helpline gives you thoughtful advice quickly—within 24 hours—on all your compliance questions.
We also check in with you to see whether you need clarification on regulatory initiatives, help with implementing TCA-recommended changes, or have compliance issues you want to discuss.
TCA’s in-depth newsletters and webinars keep you and your team informed about new and evolving laws and regulations and precisely how they affect your bank.
You can rely on RCM for skilled, tailored compliance advice to give you confidence that your CMS is on track and that you’re making smart decisions.
Key Deliverables Include:
- Priority response—within 24 hours— to compliance questions requiring less than 1 hour of research. A separate proposal will be sent for complex inquiries, disclosure validations, or policy reviews
- Review of advertisements to ensure they comply with applicable rules and regulations
- Access to TCA’s newsletters:
- Compliance IQ electronic newsletter provides our analysis of the latest compliance information, including examination procedures, new compliance processes, and insight on simplifying your compliance management.
- Special Release delivers breaking compliance news and updates.
Regulators expect compliance with the standards established in the model risk management guidance (MRMG) (Federal Reserve SR Letter 11-7, OCC Bulletin 2011-12; FDIC FIL 22-2017) as well as the April 9, 2021, Interagency Statement on Model Risk Management for Bank Systems Supporting Bank Secrecy Act/Anti-Money Laundering Compliance. This guidance relates to systems or models used […]
The Bank Secrecy Act/Anti-Money Laundering area of compliance is always evolving. As an example, we are currently transitioning the name of this specialized area of compliance from Bank Secrecy Act (BSA) to Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) to coincide with the term’s examiners are now using within their documents and reports. […]
Fair Lending remains a hot topic with regulators and special interest groups. During 2023, our clients experienced heightened scrutiny around identifying patterns of disparity that could result in discrimination allegations and enforcement actions. Review the five key issues clients have faced and consider evaluating them at your institution. TCA provides A Better Way to help […]
Although there have been few new or changed regulations related to Deposit Compliance, missteps in compliance with these regulations can cause consumer harm. It’s important to stay focused and make sure staff changes or the implementation of new systems don’t increase errors at your institution. Helping institutions identify errors in deposit operations is a routine […]
On December 20, 2023 the FDIC approved and issued a final rule regarding changes to 12 CFR 328: rules for the use of FDIC Official Signs and Advertising Requirements, False Advertising, Misrepresentations of Insured Status, and Misuse of the FDIC’s Name or Logo. The updated rules are effective April 1, 2024, with a mandatory compliance […]
Below is a link to the Regulatory Updates as of the end of Q4. TCA provides A Better Way for you to track Compliance updates and keep your organization on track. You can download the updates in a PDF form here. As always, TCA is here to help with A Better Way to answer all […]