Regulatory Compliance

Improving the Effectiveness, and Reducing the Cost, of Compliance

Today’s global marketplace, banking organizations have greatly expanded the scope and complexity of their activities and face an ever changing and increasingly complex regulatory environment. Furthermore, due to the consumer credit crisis, several high profile compliance breakdowns, and increased emphasis on consumer protection, the federal and state regulatory agencies, investors, legislators, and the general public are focused on institutions’ customer practices and regulatory compliance performance like never before. Moreover, a compliance failure can result in litigation, financial penalties, regulatory constraints, and reputational damage that can strategically affect an organization.

AmericaTech’s advise on the design and implementation of compliance program elements/processes:

  • Governance and organizational structures
  • Regulatory inventories and change management processes
  • Compliance risk assessment processes
  • Compliance policies and procedures
  • Compliance training programs and processes
  • Compliance and Quality monitoring and testing programs
  • Statistically-based fair lending monitoring systems
  • Automated customer due diligence processes
  • Board and executive management reporting processes

Our compliance and regulatory frameworks encompass technology management and financial institution’s compliance that can improve:

  • Risk and regulatory reporting
  • Information security
  • IT governance
  • IT assurance