Board Oversight: Post Compliance Exam Activities
Course Number: ABA
Course Code: ABA
Explores a bank board’s key responsibility for reviewing the findings from a compliance examination, as delivered in the Report of Examination. This includes ensuring that a bank examines, summarizes, and explains report findings to the board in a timely manner.
After successfully completing the course, you will be able to:
Describe the categories of compliance exam issues that are used to address exam findings
Explain how the action plan is used to list exam deficiencies and how they will be fixed
Explain the process of having a compliance exam debrief and discussion on regulator expectations
Audience: For members of a bank's board of directors.