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Product Update Notification - 12/12/11 Regulation AA and UDAAP Policy Update Details What's New Topic 4 - UDAAP Compliance Program. Contains the following subtopics: General Prohibited Product and Service Features What's Revised Topic 2 - Policy Statement. Two new subtopics were added: Regulation AA Unfair, Deceptive, or Abusive Acts or Practices (UDAAP) In addition, the entire contents of the "General" subtopic were revised. Topic 3 - Definitions. The following definitions were added: Abusive Acts or Practices Deceptive Acts or Practices Unfair Acts or Practices Topic 5 - Consumer Complaints. A new subtopic entitled "Complaints Identifying Potential Unfair, Deceptive, or Abusive Acts or Practices" was added. Topic 10 - Audit Policy. The entire contents were revised. Topic 11 - Staff Training. The term "UDAAP" was added through this topic. Topic 12 - Retention of Documentation. The term "UDAAP" was added through this topic. What's Deleted Topic 4 - Risk Management Guidelines. The contents of this topic were relocated to Topic 4 - UDAAP Compliance Program. Ordering Information This product is available to purchase from Bankpolicies.com for: $175.00 - List Price - or - $75.00* - Update Price *Applies only to clients who have purchased the Regulation AA Policy Template within the last three years in addition to the following prior updates (if applicable): Regulation AA Policy Template Update - 04/05/10 - $25.00 Regulation AA Policy Template Update - 01/06/09 - $25.00 If you have ordered this product after 11/12/11 you are eligible to receive the 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. |