The Financial Institution’s Guide to Choosing a Consent Order Administrator
- Financial Services
As a financial institution, you face a rising degree of scrutiny from an array of regulators. In this environment, regulatory investigations are increasingly common. Sometimes, settlement and a resulting consent order is necessary to expeditiously resolve the investigation. When the consent order includes customer remediation, your regulator will typically require that you select and retain a neutral third-party administrator. This administrator can become an important factor in satisfying the terms of your agreement and ending the heightened scrutiny a consent order entails.
Download this guide to learn the essential criteria for selecting a consent order administrator.