Approve each assessment, share it with the sponsor bank, and retain the workpapers
Each assessment is approved by the CEO, provided to the sponsor bank’s compliance team for review, and kept with its workpapers, control assessments, and mitigation tracking for seven years.
Annual
With each annual refresh and each targeted reassessment
Record the CEO approval, send the assessment to the sponsor bank with a transmittal record, and file the workpapers under the retention schedule.
- Approval record
Signed or logged CEO approval with date
- Sponsor bank transmittal
Email or portal receipt with date sent
Compliance Officer
Leela can prepare the artifact and hand it to a person for review.
Leela can package the assessment for approval and transmittal and file the workpapers.
Tell Leela about your company to see whether this applies.
Tell Leela how you handle it today, or hand it over: see what’s next.