Conferences such as this are valuable opportunities for you, as compliance experts, to share experiences and successful approaches to controlling compliance risk. To assist you in your efforts to fine-tune your compliance-risk management programs, I'd like to give you a sense of what Federal Reserve examiners look for when they conduct examinations.
I will also take a few minutes to address our more focused work in two particularly important areas of regulatory compliance: compliance with BSA requirements and Home Mortgage Disclosure Act (HMDA) data reporting requirements.