Set Up AI-Powered Regulatory Change Monitoring

Before setting up the tool, write down your institution's regulatory profile:

• Charter type (national bank, state bank, credit union, broker-dealer, insurance carrier)
• Primary examining agency (OCC, FDIC, Federal Reserve, NCUA, FINRA, state regulator)
• Secondary regulators (CFPB if applicable, FinCEN for BSA)
• Product lines (checking, mortgage, credit cards, investments, insurance)
• Asset size range (under $1B, $1-10B, over $10B)

This profile determines which regulatory changes are relevant to you.

1. Go to compliance.ai and request a demo (the tool requires an institutional account)
2. During the demo, describe your regulatory profile so the sales team can configure your alert feeds
3. Request a 30-day trial to evaluate the tool before purchasing

What you should see: A dashboard showing regulatory updates organized by agency, topic, and relevance score.

In the platform settings, enable monitoring for:

• Your primary examining agency's guidance issuances
• FinCEN advisories and rulings (for BSA)
• CFPB rules and supervisory guidance (if applicable)
• Your state banking regulator's communications
• Any industry-specific regulators (FINRA for broker-dealers)

Disable monitoring for agencies that don't regulate your institution type. This reduces noise.

Configure Compliance.ai to send you a weekly email digest every Monday morning:

1. Go to Settings → Notifications → Digest Schedule
2. Select "Weekly, Monday 8 AM" and your time zone
3. Set relevance threshold to "Medium and above" to filter out tangential updates

When a relevant update appears:

1. Open the regulatory change in Compliance.ai
2. The platform auto-parses it into obligation statements
3. Assign each obligation to an owner (your compliance calendar, a business line, legal)
4. Set a due date based on the effective date
5. Track completion in the platform's obligation management module