On March 4, 2022, customers were made aware of an advisory to all financial institutions reminding them of the ability to establish special-purpose credit programs that was finalized on February 28, 2022.
On April 4, 2022, customers were made aware that the OCC issued a final rule amending their suspicious activity report (SAR) regulations. These changes will come into effect on May 1, 2022.
Interested in getting every regulatory change alert for March delivered to your inbox? Learn more about how our Compliance Management application and services can help augment your resources while offering increased insights.
Quantivate's Compliance Management application features dozens of customizable templates, dashboards, workflows and more that enable institutions of all sizes to run an effective compliance management program
Quantivate partners with Farleigh Wada Witt to oversee all compliance changes that affect our customers. Their firm summarizes the most important components of changes, shares important dates, provides links to impacted regulations, and more saving customers hundreds of hours each year.
Built within the Quantivate Compliance Management application, Farleigh Wada Witt's compliance alerts integrate with our whole Suite so compliance professionals can quickly create an action plan as compliance alerts are sent.
One application from a full GRC Suite, Compliance Management features tools to manage and ensure compliance using:
Farleigh Wada Witt's business law firm provides services to ensure compliance while removing the need for regulatory change management research. Their services include: