Regulatory Risk Monitor Online - Regulatory Risk Monitor Model Compliance Forms Book

onMouseOut="MM_swapImgRestore()" onMouseOver="MM_swapImage('Image20','','images/past_issues2.gif',1)">

Regulatory Risk Monitor's
Model Compliance Forms Book
Introduction

We are pleased to present Regulatory Risk Monitor's special online Model Compliance Forms Book. It includes checklists, charts, forms and other tools that have been field-tested by compliance officers and consultants to help you meet your regulatory obligations. We have selected compliance aids that have proved successful in boosting banks' CRA ratings, documenting employee training regimens and reducing exam violations. (Regulatory Risk Monitor is a general circulation weekly focused on regulatory and compliance issues. Nothing within this publication should be interpreted as offering advice or legal counsel.)

We hope these forms help you become a more effective compliance officer. Please let us know if they make a difference in your job performance and if you have similar tools that you might share with your peers. We welcome your feedback as we strive to make your job more manageable and productive.

Fran Fanshel, Associate Publisher
Regulatory Risk Monitor

Table of Contents

Bank Secrecy Act

BSA Exemption Review Form: Helps account officers understand the correct way to exempt "non-listed" business under BSA Phase II rules.
Small Bank BSA Monitoring: 10 steps to help community banks improve their money-laundering controls.

Common Exam Violations

New Issues in 2002: A current roundup of the most common regulatory pitfalls compiled by an Illinois consultant.

Community Reinvestment Act

CRA Investment Tracking Form: Handy way to ensure CRA credit for community development investments from an Alaska bank that earned an "Outstanding" rating.
Community Development Loans Tracking Form: Alaska bank's CD loan tracker.
Community Development Services Tracking Form: Alaska bank's services tracker.
CRA Donations Tracking Form: Alaska bank's donations tracker.
Tracking Forms for CRA Credit: Combined form to monitors investments, services and lending from Pennsylvania-based bank that earned straight "Outstanding"s.
CRA Report Form for All Commercial and Agricultural Loans: Virginia bank's form helps ensure data integrity and reduce errors in selecting proper call report codes.
Community Development Loan Flow Chart: Michigan bank uses this chart to make it does not overlook any CRA-qualified loans.
Benchmarks for success: Setting CRA test goals: CRA consultant's tool to help banks estimate lending levels needed to achieve desired CRA rating.

Compliance

Small Bank Compliance Checklist: Illinois bank's aid to help loan processors conduct mortgage loan reviews.

Human Resources

Human Resources Record-Keeping Chart: How long must you retain bank employee records? This chart spells it out.
New Employee Orientation Training Checklist: A former examiner-turned-consultant created this sheet to send a message to both employees and regulators that banks take training seriously.

Home Mortgage Disclosure Act

Guide to HMDA-Reportable Loans: South Carolina compliance veteran helps loan officer decide which loans need government monitoring information and how to define "temporary financing" for HMDA.
HMDA Data Review Sheet: Iowa bank's form helps lenders find and correct errors on the Loan application Register.
HMDA Loan Review Checklist: A Hawaii bank uses this form to minimize HMDA-data errors.
Second Review Form for HMDA: Baltimore bank developed this form for use by its "second look" committee to check on HMDA and fair-lending issues.

Regulation CC

Model Reg CC Combined Hold Notice: Alabama bank's form combines case-by-case with exception-hold guidance.
Reg CC Time Calculator: Midwest bank memo offers crib sheet for funds availability.

Regulation D

Reg D Guide to Money Market and Savings Accounts Transactions Limitations: California bank takes the confusion out of transaction limitations with this chart.

Regulation Z

GAP Protection (Debt Cancellation) Rider: This guaranteed auto protection addendum among the most requested forms ever presented by RRM clearly indicates a buyer's desire to buy coverage that satisfies regulators.
Reg Z Finance Charge Chart: When must a credit-transaction charge be disclosed? Here's a handy guide from Reg Z expert Alan Dombrow.

Real Estate

Appraisal Review: A Texas bank designed a real estate appraisal review sheet especially for non-complex loans up to $300,000.
Uniform Residential Appraisal Report Preliminary Checklist: A Massachusetts compliance officer praises this form from MGIC Corp. as a great reminder of what you might forget on real estate appraisal reviews.

Third-party Agreements

Sample Joint Marketing Agreement Addendum: An Oklahoma bank uses this vendor agreement addendum to ensure buy-in to the bank's privacy policy.
Fair Lending Letter to Dealers: A Maine bank sends this letter to all its dealers as a hedge against Reg B problems.

Copyright 2008 UCG. All rights reserved. Do not duplicate or redistribute in any form.
Regulatory Risk Monitor is available for internal use only by authorized users.
UCG/Regulatory Risk Monitor, Two Washingtonian Center 9737 Washingtonian Blvd. Ste 100 Gaithersburg, MD 20878-7364.
phone: 301/287-2245 fax: 301/287-2159