The evidence required to support certification under DFSNY Rule 504 is extensive. This white paper highlights some of the considerations involved in collecting and documenting the evidence to confirm that your institution’s programs comply with the requirements of the rule. 

Widespread misconduct in multiple sectors from financial services to the motor vehicle industry has resulted in fines running into $billions arising from breaches of OFAC regulations in New York, to LIBOR rigging by European banks, to the distortion of emissions results by global automakers.