Regulatory Remediation Services
ARC Risk and Compliance has a proven track record of supporting our clients through a number of remediation efforts. We work with the institutions to provide guidance consistent with regulatory expectation and a clear plan of action. The process includes management reporting, remediation items tracking, and consultation on resolution. We will develop a plan to achieve the requirements outlined in a FI’s consent order or voluntary project.
Depending on the regulatory issues or findings identified, the artifacts could include project plans, methodology documents, policies, procedures, analysis, work papers, mapping, configuration updates, and testing documents.
Many of our remediation projects include in whole or in part many of our services, such as:
♦ Tuning & False Positive Exercise ♦
♦ Look-Back Projects ♦
♦ Testing Services ♦