Getting Credit When Credit Is Due
By Jerod Moyer
Throughout my many adventures in the wild world of banking, I've noticed that banks often don't give themselves credit when credit is due. Specifically, when compliance functions are carried out at various Board, Management and/or Committee meetings, the minutes either have minimal documentation or fail to document these compliance functions all together. Management involvement, Board reporting, and the actions conducted by these bodies are key components to any quality functional compliance program. 
My challenge to you is simple; train your Management, Board and Committee secretaries to provide more detailed documentation of these functions in the official meeting minutes. Don't write a book; rather, be specific and thorough. A little documentation in this area will go along way in helping you prove to your examiners that management and the Board are genuinely involved in your bank's compliance program.
Get the credit you deserve!