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Financial Services Regulatory Compliance

Helping Our Clients Meet Their Financial, Risk, Regulatory and Compliance Requirements

The Importance of Compliance in Financial Services: Protecting Your Business and Clients

In a highly dynamic world of regulatory compliance, clients must rely on industry-leading knowledge and proven experience to ensure outcomes through a risk-based approach focused on regulatory standards and best practices.

For decades, we have enabled our financial services clients to fulfill their complex compliance requirements. Frequent updates challenge businesses to have the needed technical knowledge and expertise to overcome emerging regulatory challenges. Our professional approach to modern issues, with a focus on the success of our clients, adds value every step of the way.

By leveraging our knowledge of state and federal regulatory agencies, as well as experience from our vast client base, we provide value and insights to critical business risk and compliance functions so that clients can confidently meet their compliance obligations.

Our Financial Services Compliance Offerings

What is the Importance of Compliance in Financial Services?

As the number and intricacy of technologies and regulations grow and earnings pressure increases, it’s vital for companies to evaluate the effectiveness of their risk mitigation programs regularly. Properly established and comprehensively maintained programs can help you control compliance-related expenses, avoid costly remediation activities, and mitigate operational, strategic, and reputational risks.

Our dedicated team’s industry-specific experience with the financial services and bank sector positions Cherry Bekaert to deliver unique internal audit, risk management, and advisory solutions to meet the unique needs of our clients.

Bank Regulations & Compliance Services

Financial services compliance areas of focus include:

  • Banking Regulations
    Lending, deposit, and other consumer regulatory compliance
  • Compliance Program Administration
    Start risk assessments, risk-based compliance monitoring programs, policies and procedure, compliance training, pre-regulatory compliance evaluations, and on-going compliance support
  • Financial Crimes
    • Bank Secrecy Act (BSA)
    • Anti-Money Laundering (AML)
    • Office of Foreign Assets Control (OFAC)
    • Federal Financial Institutions Examination Council (FFIEC)
    • Consumer Financial Protection Bureau (CFPB)
    • FinCEN/FINRA
  • Specialty Areas
    • Community Reinvestment Act (CRA)
    • Home Mortgage Disclosures Act (HMDA)
    • Fair Lending Compliance
    • Unfair, Deceptive, or Abusive Acts and Practices (UDAAP) Compliance

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