Compliance program.

CFR · 2024-01-01 · US · Title 12

A regulated entity shall establish and maintain a compliance program that is reasonably designed to assure that the regulated entity complies with applicable laws, rules, regulations, and internal controls. The compliance program shall be headed by a compliance officer, however styled, who reports directly to the chief executive officer. The compliance officer also shall report regularly to the board

official document · source cfr-2024 · id 12:§ 1239.12