Guidance on Creating Policies and Procedures
Download now!
Unaligned Policies and Procedures can Put Your Organization at Risk
During examinations, financial services organizations often do not get in trouble with regulators because they are lacking policies or acknowledgements. They run into trouble because their policies and procedures don’t compliment each other and aren’t communicated properly.
BAI has put together considerations to help financial services organizations understand why policies and procedures are important along with best practices on planning, creating, documenting, and communicating them. Key topics covered in this document include:
- The importance of policies and procedures
- The difference between policies and procedures
- Understanding which policies and procedures need to be documented
- Best practices for developing policies and procedures
- Developing communication plans
To learn how to properly address your organization’s policy and procedure management plans, download BAI’s "Guidance on Creating Policies and Procedures" today!