The UDAAP risk assessment sub-module follows the recent addition of the Fair Lending Risk Assessment (FLRA) sub-module to WolfPAC's comprehensive set of Regulatory Compliance Risk Assessment tools ...

We are preparing for a regulatory examination that will include UDAAP compliance. I was hoping you could let us know some review areas that we should include in our risk assessment. Specifically, what ...

and assessment and mitigation of UDAAP risk requires a fact-specific analysis tailored to each institution’s products and services. Nonetheless, the new booklet provides useful information to ...

Conducting comprehensive risk assessments using the OCC’s new worksheet. Strengthening board and management oversight of UDAP/UDAAP compliance. Reviewing and updating marketing and customer ...

The prohibition of “unfair or deceptive acts and practices” by federal banking regulators is not new. First introduced via the 1938 Wheeler–Lea Act, with a significant expansion in 2004, the ...