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Product Update Notification - 07/26/10 Revised Policy Templates Human Resources Salary Administration Policy Template The update to this product is in response to the Joint Press Release entitled "Guidance on Sound Incentive Compensation Policies" dated June 21, 2010. The guidance ensures that incentive compensation arrangements at financial organizations take into account risk and are consistent with safe and sound practices. http://www.fdic.gov/news/news/press/2010/pr10138a.pdf Regulation O and Insider Activity Policy Template The update to this product is in response to the OTS Regulatory Bulletin 37-54 entitled "Fraud and Insider Abuse" dated May 18, 2010. The bulletin announces that Section 360 of the Examination Handbook (Fraud and Insider Abuse) has been revised. http://www.ots.treas.gov/_files/74874.pdf The update to this product is in response to the Federal Reserve Press Release dated June 15, 2010 that announced a final rule to Regulation Z to protect credit card users from unreasonable late payment and other penalty fees and to require credit card issuers to reconsider interest rate increases imposed since the beginning of last year. The provisions of the Act addressed in this rule will generally go into effect on August 22, 2010. http://www.federalreserve.gov/newsevents/press/bcreg/20100615a.htm What's New and Revised Please visit the following pages of our website to review detailed subject matter regarding new and revised topics for these products: Human Resources Salary Administration Policy Template Update Details Regulation O and Insider Activity Policy Template Update Details Regulation Z Policy Template Update Details Ordering Information These products are available to purchase from Bankpolicies.com for: Human Resources Salary Administration Policy Template $250.00 - List Price - or - $75.00* - Update Price *Applies only to clients who have purchased the Human Resources Salary Administration Policy Template within the last three years. Regulation O and Insider Activity Policy Template $275.00 - List Price - or - $75.00* - Update Price *Applies only to clients who have purchased the Regulation O and Insider Activity Policy Template within the last three years. Regulation Z Policy Template $425.00 - List Price - or - $25.00* - Update Price *Applies only to clients who have purchased the Regulation Z Policy Template within the last three years in addition to the following prior updates (if applicable): Regulation Z Policy Template Update - 02/08/10 - $50.00 Regulation Z Policy Template Update - 01/11/10 - $25.00 Regulation Z Policy Template Update - 09/28/09 - $50.00 Regulation Z Policy Template Update - 08/03/09 - $25.00 Regulation Z Policy Template Update - 06/22/09 - $25.00 Regulation Z Policy Template Update - 03/16/09 - $100.00 Regulation Z Policy Template Update - 08/12/08 - $75.00 Regulation Z Policy Template Update - 12/18/07 - $50.00 If you have ordered any of these products after 06/26/10 you are eligible to receive that updated product at no charge. Click here to place an order for any of these products. The appropriate Legacy Rewards Volume Discount will be applied to the update or list price for clients who are eligible. NOTE: Refer to our Place an Order page for important information regarding payment terms and our return policy. Orders placed for Product Updates are only available directly through Bankpolicies.com. Find Out What's New or Revised with our Product Update Program Our Product Update Program allows existing clients to receive e-mail notifications from us the same day we issue a new or revised product. We encourage you to subscribe today for this free and convenient service. |