Regulatory Relationship Management: Building Trust, Credibility with Regulators


In this article on the principles of Regulatory Relationship Management (RRM) for banks, Ms. Sommerfield (co-author with JoAnn Barefoot of Treliant Risk Advisors) explains the principles and practical strategies for establishing and maintaining productive regulatory relationships with banking regulators. Effective RRM can simplify regulatory oversight, reduce risk of regulatory sanctions and regulatory expense costs to banks, and protect the bank's reputation. Part 1 of this multi-part series from the BNA Banking Report focuses on how financial institutions can build trust and credibility with their regulators and how they may set up systems for regulatory relationship management (RRM). Specific suggestions for setting up collaborative communications are included, along with a discussion of how to approach the "human factor" in RRM.

This article first appeared in BNA Banking Report on May 3, 2011.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© BuckleySandler LLP | Attorney Advertising

Written by:


BuckleySandler LLP on:

JD Supra Readers' Choice 2016 Awards
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.