Câu 91: CRCM: Certified Regulatory Compliance Manager
The federal banking agencies have proposed an amendment to Regulation Z that would require a new early disclosure statement for loans secured by the borrower's principal dwelling. After reading the proposed change, what should the compliance professional do FIRST?
Nội dung câu hỏi
The federal banking agencies have proposed an amendment to Regulation Z that would require a new early disclosure statement for loans secured by the borrower's principal dwelling. After reading the proposed change, what should the compliance professional do FIRST?
Các lựa chọn
Đáp án được giữ gọn theo nhãn A, B, C, D trong phần bình chọn tương tác.
- A. Establish a task force to study the proposed rule.
- B. Contact the bank's platform software vendor to determine whether it will be ready for the change NOTES
- C. Prepare a summary document that outlines the effects the proposed rule would have on the bank's operations — đáp án hiện tại
- D. Train bank staff on the new rule
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