Check a Policy for Regulatory Gaps

What You'll Get

A gap analysis comparing your existing policy against a regulatory framework's key requirements — with specific provisions flagged as missing, outdated, or needing strengthening.

The Prompt

Compare this compliance policy against the key requirements of [regulation, e.g., "FinCEN's CDD Final Rule" or "Regulation E error resolution requirements"]. Policy: [paste policy text]. Flag: (1) requirements not addressed, (2) language that may not meet the current standard, (3) provisions that need updating. Format as a gap list with brief explanations.

Tips

This works best for policies you can paste directly into the prompt (under ~3,000 words). For longer policies, focus on one section at a time. Always validate the AI's gap findings against the actual regulatory text — it may occasionally flag gaps that don't exist or miss nuances specific to your institution type.