A comprehensive solution from the compliance experts
Today, every de novo institution faces many challenges related to meeting regulatory requirements and coping with the overhead of maintaining qualified compliance staff. Sheshunoff Consulting + Solutions has the broad-based compliance expertise to help you manage these challenges and potentially reduce costs. Our de novo compliance program is turnkey, comprehensive, and includes:
- Set-up and pre-opening services
- The development of a tailored compliance program
- The implementation of an institution-wide compliance program
- On-going administration of the compliance program
Set-up and pre-opening services
During this initial stage, setting a strong regulatory foundation is essential for establishing an effective compliance program. This phase of our program includes:
- Developing a tailored compliance program
- Developing compliance policies and procedures
- Reviewing your products for compliance
- Determining and evaluating required signage, disclosures and notices
- Providing compliance training for staff
Compliance program implementation and on-going support
Our compliance specialists will be with you every step of the way— everyday—to provide your institution with all of the elements of our on-going Compliance Administration Program (CAP), including:
- Establishing and supporting the compliance committee
- Developing and implementing a tailored monitoring program
- Implementing new and amended regulations
- Developing and delivering a compliance training program
- Researching compliance issues
- Providing regulatory input relative to the development of new products and services
- Reviewing disclosures and advertisements
- Attending consumer compliance examiner entrance and exit meetings
- Reporting to senior management and the Board of Directors