You have learned about the requirements of a Compliance Program for financial in


You have learned about the requirements of a Compliance Program for financial institutions as prescribed by the Federal Reserve SR08-8 guidance issued in 2008, the OCC Heightened Standards guidance as well as the Federal Reserve’s proposed guidance on Risk Management.You have just been hired by Sunrise Trust, a mid-tier regional bank. They would like you to perform an independent assessment of their Compliance Program, including the compliance risk practices in the front line as well as the Compliance Risk function.Please prepare a letter to your new client describing the scope of your review (what will you look at, who will you want to talk to, etc.) as well as a list of initial documents you would like to review ahead of your site visit and interview.