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• A Summary of Consumer Protection Regulatory Changes
  
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Ask the Examiner

We asked Diane van Gelder, director of examinations in the Dallas Fed's Consumer Affairs Division, for advice on the steps bank compliance officers should take to prepare for these regulatory changes.
Diane suggests:

1. Review regulatory changes and effective dates.
2. Review your loan products.
3. Implement system changes as needed.
4. Update disclosures, policies and procedures.
5. Test new disclosures.
6. Train.
7. Audit.
8. Repeat steps 6 and 7, as necessary.

e-Perspectives, Volume 9, Issue 3, 2009

Federal Reserve Bank of Dallas  Community Development Office  P.O. Box 655906, Dallas, Texas 75265-5906 214-922-5377
Gloria Vasquez Brown  Vice President		Alfreda B. Norman  Assistant Vice President and Community Development Officer
Jackie Hoyer  Houston Branch Senior Community Development Advisor		Julie Gunter  Senior Community Development Advisor
Wenhua Di  Community Development Economist		Elizabeth Sobel Blum   Community Development Research Associate
Roy Lopez  Community Development Specialist
The views expressed are the authors' and should not be attributed to the Federal Reserve Bank of Dallas or the Federal Reserve System. Articles may be reprinted on the condition that the source is credited and a copy is provided to the Community Development Office.