Effective Compliance Management
An effective compliance management system is commonly comprised of three interdependent elements. (1) Board and Management Oversight (2) Compliance Program (3) Compliance Audit. The second or central pillar of having a compliance program is what PolicyCo provides to your institution.
Effective Compliance Management
An effective compliance management system is commonly comprised of three interdependent elements. (1) Board and Management Oversight (2) Compliance Program (3) Compliance Audit. The second or central pillar of having a compliance program is what PolicyCo provides to your institution.
Compliance Program
The Second Pillar
PolicyCo has designed a single system that will enable your Compliance Management System to meet the expectations of your regulators by addressing (i) regulations, (ii) policies, (iii) procedures, and (iv) monitoring including remediation of non-compliance with management action plans.
Compliance Program
The Second Pillar
PolicyCo has designed a single system that will enable your Compliance Management System to meet the expectations of your regulators by addressing (i) regulations, (ii) policies, (iii) procedures, and (iv) monitoring including remediation of non-compliance with management action plans.
Regulatory Requirements Library
Our built-in library of Regulatory Requirements is available for you to reference and select based upon the products offered by your institution.
Regulatory Requirements Library
Our built-in library of Regulatory Requirements is available for you to reference and select based upon the products offered by your institution.
Advanced Policy Features
Connect your policies to federal and state regulations. Strictly version control each change. Enforce board or manager approval with a formal release process.
Advanced Policy Features
Connect your policies to federal and state regulations. Strictly version control each change. Enforce board or manager approval with a formal release process.
Document Procedures
Procedures describe how employees are to act or not act to ensure compliance at all times. Link procedures to your policies to add structure. Distribute updated procedures in real time.
Document Procedures
Procedures describe how employees are to act or not act to ensure compliance at all times. Link procedures to your policies to add structure. Distribute updated procedures in real time.
Control Testing and Review
+ Management Action Plans
Control Testing and Review coupled with Management Action Plans ensure noncompliance and or gaps are self-identified and remediated timely.
Control Testing and Review
+ Management Action Plans
Control Testing and Review coupled with Management Action Plans ensure noncompliance and or gaps are self-identified and remediated timely.