Regulatory Exams: Pave the Way For Positive Regulator Relations

Building and maintaining strong relationships with regulators is not just beneficial, but essential. Join us for Part 2 as former regulators share their experience and insights into how to establish open, candid communication, and engage regulators on both professional and personal levels. Get tips on setting the right tone from leadership and fostering a culture of compliance.  Stay on the right side of compliance while cultivating positive interactions with financial regulatory bodies.

In this episode we’ll build on Part 1 and cover:

• Dealing with Regulatory Violations: Identifying violations and deciding on the next steps.
• The Exam Process and Levels of Review: From deficiency letters to enforcement referrals, learn how regulators evaluate violations through multiple levels of review and how firms can proactively manage these stages.
• The Role of Cooperation - Discover why setting a tone of cooperation matters, and where to draw the line when the process turns adversarial.
• Educating Examiners: Learn why it is important to ensure they understand your operations in context and reduce the risk of misinterpretation.
• Culture of Compliance: Learn how tone at the top and a strong compliance culture influence examinations and relationships with regulators.
• Building Positive Relationships with Regulators: Get practical tips on engaging with regulators and industry working groups to foster mutual trust and gain valuable insights into regulatory priorities.

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