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 riskandcompliance@paymentsfirst.org today for a free proposal or to begin the scheduling process.