Services
We offer a wide range of regulatory compliance related services to financial institutions. We want to assist you in building and enhancing your regulatory compliance program.
Email proposals@inspired-compliance.com for a quote or to schedule a meeting to obtain additional information about our compliance consultation services.
Compliance
Consultation
Tailored compliance consultation and special project reviews at an hourly rate. Includes services such as: outsourcing compliance management, assistance with compliance management, and Bank Secrecy Act/Anti-Money Laundering (BSA/AML) initiatives.
HMDA LAR Data Integrity Reviews
A sample of applications from the HMDA LAR are tested to determine accuracy of reporting in accordance with the procedures outlined in the Federal Financial Institutions Examination Council (FFIEC) HMDA Examiner Transaction Testing Guidelines.
BSA/AML Software Validation
Independent assessment of the BSA automated monitoring software to determine efficacy and efficiency in detecting potentially suspicious activity.
Regulatory Compliance Reviews
Includes lending, deposit, and other specialized areas of compliance. To learn more about compliance review scope options offered, please read, download, or print our Compliance Review service sheet.
Fair Lending
Risk Assessment
Perform a Fair lending risk assessment to identify and measure the risks inherent in the lending process and whether adequate controls and monitoring exist to prevent illegal discrimination.
Compliance Management System Assessment
Evaluation of the overall financial institution compliance management system to determine required elements are adequately addressed within the program.
Bank Secrecy Act
Independent Audit
Independent audit completed according to the procedures outlined in the Federal Financial Institutions Examination Council (FFIEC) BSA/AML Examination Manual, including transaction testing.
Compliance Risk
Assessment
Assistance in the development and implementation of a detailed regulatory compliance risk assessment and corresponding monitoring/testing schedule.
Regulatory Compliance Training
Customized training of various regulatory compliance topics for bank personnel or the Board of Directors. We recommend Compliance Cohort University for webinars and virtual compliance training: https://www.compliancecohort.com
Fintech Compliance Consultation
Regulatory compliance expertise to help ensure compliance requirements are met while implementing innovative solutions.