Keep one within reach ---in your brief case and on your desktop

Ideal resource for compliance managers, department managers and staff, product managers, retail branch banking managers, and those preparing for the Certified Regulatory Compliance Manager Exam (CRCM). Updated annually, this comprehensive desktop reference book offers detailed information on regulatory areas affecting banks.

Developed as an extended outline, the guide covers federal regulations, consumer legislation - and all the rules you need to know to meet all the demands of today's compliance functions: Deposits, Lending, Bank Secrecy Act/Anti-Money Laundering, Bank Operations, Community Reinvestment Act/Home Mortgage Disclosure Act, Privacy, Securities, Insurance, and Other Financial Services, and much more.

The Guide also includes pertinent regulatory citations, suggestions on setting up a compliance risk management program, self-study and review questions and answers, and a cross-reference of book section titles and CRCM exam topics.

Sample Updated and Revised sections:

• Advisories on predatory and subprime lending—The 2007 interagency statement on subprime mortgage lending on underwriting and consumer protection concerns
• Bank Secrecy Act/Anti-Money-Laundering Rules— The 2007 federal banking agencies' statement on uniform enforcement actions
• Electronic disclosures— Disclosures to consumers required by law for deposit, loan, and lease products may be made electronically in accordance with the E-Sign Act.
• Fair credit reporting—The 2007 Federal banking agencies' jointly issued regulations on the implementation of identity theft programs that include the detection of red flags
• IRS rules and regulations—Explanation on Form 1098 requirements for mortgage interest rate reporting
• Flood disaster reporting—The 2007 FEMA update of compliance requirements for the Mandatory Purchase of Flood Insurance Guidelines
• Lending limits—The OCC pilot program for calculating lending limits was made permanent in 2007.
• Loans to servicemembers—The 2007 Department of Defense regulations on credit extended to servicemembers regading allowed charges and disclosures in accordance with the John Warner National Defense Authorization Act

Recommended Resource for the Certified Regulatory Compliance Manager (CRCM) exam. Used in conjunction with the ABA Online Review Course for the CRCM Examination.

Author: Kathlyn Farrell, CRCM and Attorney

Laminated cover, GBC binding, 814 pages, 18th edition, 2008 (updated annually) 
#3004223
$299 Member Discount (plus shipping and tax)