Tag: Examination

  • OTS Using New IT Examination Questionnaire

    I’m not sure if this is being used across the board for all OTS exams, or just regionally, but the new pre-examination form (officially called PERK, or Preliminary Examination Response Kit) is significantly more comprehensive…

  • Top 5 Compliance Trends for 2011 – Part 2

    A recent survey of auditors and examiners asked: During the past year, in which category would you say MOST of your IT audit/exam findings occurred?

  • Top 5 Compliance Trends for 2011 – Part 1

    I recently looked back at 2010, and the predictions I made a year ago.  This post begins a series of the top regulatory compliance trends for the current year.  I’m going to focus on the top 5, and my sources for these are the following: Recent audit and examination experience from our customers Recently released…

  • The Pendulum Swings in 2011?

    I’ll be posting my list of audit and examination trends for 2011 soon, but this article by me on a similar topic was just published in Bank Technology News.

  • Looking back – 2010 compliance hits & misses

    Every year about this time, I’m asked to look ahead to the upcoming year and prognosticate on regulatory compliance trends.  I  intend to do just that in a future post, but today I wanted to do something very few other prognosticators do…look back at last years’ predictions and see which ones hit and which missed…

  • Red Flag enforcement to start 12/31

    With the signing of legislation on 12/18 exempting certain health care  practitioners and other businesses from complying with the Red Flags Rules, it would seem to clear the way for enforcement to begin at the end of this month.  Financial institutions have had to comply with the guidelines since 1/1/2008, but regulatory enforcement has been…