Are you prepared to answer questions regulators have about your policy management process?
According to the FDIC, historically policies are the leading category of “Matters Requiring Board Attention.” The expectation today is that your policy management program is not limited to policies and acknowledgements. Policies and acknowledgements are just part of an overall policy management program that communicates organizational leadership expectations and encourages compliant behavior.
In our article: Today’s Policy Management—Meeting Regulatory Expectations, and Resourcing Appropriately, we cover the key items that make a successful policy management program and highlight the key three areas policy management software helps organizations prepare for examinations, which includes:
To learn more about how policy management software can help your organization create policy programs that will meet and exceed regulator expectations, download “Today’s Policy Management—Meeting Regulatory Expectations, and Resourcing Appropriately” today.