Compliance Reviews

Since 1991, P&G Associates has assisted its clients with a risk-based focused approach to manage the ever-evolving regulatory compliance issues.  Our exclusive dedication to the banking industry enables us to develop and provide you with a unique in-depth perspective of compliance related risks and help manage them in a systematic and proactive manner.

Regulatory Compliance

We can assist your institution in managing compliance in the following areas:

  • Compliance Risk management
  • Credit
  • Deposits
  • Bank Operations
  • Bank Secrecy Act/Anti-Money Laundering
  • Community Reinvestment Act/Home Mortgage Disclosures Act
  • Privacy
  • Securities
  • Insurance
  • Other Financial Services
  • Sarbanes-Oxley
  • HIPPA
  • NACHA
  • Gramm-Leach-Bliley

Sarbanes-Oxley Act ("SOX")

Banks required to meet the attestation requirements of SOX engage P&G’s services to implement an effective and comprehensive process to help document and test the effectiveness of key identified controls.  P&G’s comprehensive SOX Compliance review includes:

  • A streamlined process of assessment and identification of significant controls (mapping)
  • An effective comprehensive process of documenting and assessing the existence of key controls relevant to the processing of financial information - in accordance with the COSO framework
  • A comprehensive test plan to validate the existence of identified controls
  • Documentation of the results of testing and an assessment of the results which includes the development of remediation plan where necessary
  • A concise report which helps document communication to the Audit Committee relative to the attestation process.

This process ensures full compliance with the documentation requirements of the Sarbanes-Oxley Act and provides a powerful, flexible, cost-effective methodology designed to meet the needs and budgetary constraints of community banks.

Outsourced Compliance Solutions

P&G’s compliance experts are trained to provide services to a diversified client base of financial institutions. P&G’s experience has provided a broad and prompt perspective of shifting needs and emphasis relating to regulatory compliance concerns. This enables us to focus on potential weaknesses in existing controls and manage the myriad of enterprise wide compliance issues relating to federal regulations and consumer legislations. Our regulatory compliance reviews have been used to supplement existing self assessment processes and as a primary source for managing the processes.

  • Technologically integrated program specifically customized for community banks
  • Process ensures compliance with COSO framework
  • Outsourced and Cosourced Options
  • Implementation of Self Assessment and SMART programs

To learn more, contact us at 1-877-651-1700 or click here to Request More Information.