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#940635 - 04/11/08 04:54 PM MSB's
PeterMcW Offline
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PeterMcW
Joined: Jul 2003
Posts: 16
Miami, Fl
Am preparing a manual for an MSB- does the tipic "Special Measures" need to be included?

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#940853 - 04/11/08 07:04 PM Re: MSB's PeterMcW
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 84,795
Galveston, TX
Are you a banker doing this for an MSB customer?
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The opinions expressed here should not be construed to be those of my employer: PPDocs.com

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#942397 - 04/15/08 06:37 PM Re: MSB's rlcarey
PeterMcW Offline
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PeterMcW
Joined: Jul 2003
Posts: 16
Miami, Fl
Yes

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#942674 - 04/15/08 09:48 PM Re: MSB's PeterMcW
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 84,795
Galveston, TX
IMHO - creating any type of instruction manual for your MSB customers may cross the line by providing advice that may be considered legal in nature or even if not and they follow the guidance you provide and it is wrong or they misinterpret it, you are setting the bank up for a hefty lawsuit. They should be seeking their own counsel on these matters.
_________________________
The opinions expressed here should not be construed to be those of my employer: PPDocs.com

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