Regulation E Compliance Review
The Regulation E Compliance Review was designed to assist the financial institution’s board of directors and senior management by identifying potential areas of non-compliance or areas that require stronger internal controls and/or increased focus. The scope includes a review of the financial institution’s electronic transfers and applicable areas of remittance transfers based on established policies, procedures, processes, agreements, selected disclosures, and a sampling of reports and transactions for a defined test period.
The PaymentsFirst Regulation E Compliance Review service includes:
• Prior to and onsite checklists
• Client questionnaire
• Exit interview
• Written report including findings and/or Sound Business Practice recommendations
• Review Certification form
• Access to the auditor
For questions Please visit www.paymentsfirst.org or send an email to [email protected] today for a free proposal or to begin the scheduling process.