Board Oversight: Post Compliance Exam Activities
Course Number: ABA
Course Code: ABA
Free for ABA Members
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.
What You’ll Learn
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.