Regulatory Compliance- M&T

Edit Answers
12345678910111213141516
Across
  1. 3. 12 CFR 1002
  2. 6. Guru of regulatory citations.
  3. 9. What is the department most involved with Protecting Tenants at Foreclosure Act
  4. 11. Executive to always be included on any communication TBM
  5. 12. Requires business purpose for obtaining credit report. Regulates consumer-credit reporting industry to promotemore accurate reporting of credit information. If a bank denies credit (even partially), deposit services oremployment based upon a credit report, it must advise the person that information in the report contributed tothe denial (give name and address of the credit reporting agency.) Allows consumers to "opt out" of certaininformation sharing.
  6. 13. Our institution's risk appetite
  7. 15. We are the __ Line of defense.
  8. 16. Per Reg CC, must be made available on the ____ business day following the banking day of deposit ("next-day availability")U.S. Postal Service money orders
Down
  1. 1. GRC (____, risk & Compliance)tools are software applications that businesses can use to manage policies, assess risk, control user access, and streamline compliance.
  2. 2. Flood Disaster Protection Act Inherent Risk Rating
  3. 3. Right to Financial Privacy Act (RFPA)
  4. 4. Regulation on Insider Loans
  5. 5. CRA (Community ___ Act)
  6. 7. Newly implemented type of reviews into our program, an example would be Regulation O (Loans to Executive Officers, Directors, & Principal Shareholders of Member Banks) (Hint: Not Consumer Compliance)
  7. 8. TRID is a combination of RESPA and ___.
  8. 10. The law sets the rules for cancellation of private mortgage insurance ("PMI") on loans secured by a borrower's principal residence. It applies to loans that closed on or after July 29, 1999 and requires an annual disclosure which applies to loans made prior to that date.
  9. 14. Regulation U; 12 CFR ___ FRB