Answer:
No. Compliance exams are completely risk based, so the exam for one institution might look very different from another’s. Examiners go to great lengths to appropriately risk rate an institution before ever stepping foot on site (literally or virtually).
But don’t despair! All financial institution regulators employ the same Consumer Compliance Rating system in their exam process. So while the exam itself is tailor-cut to each institution’s risk profile, all exams are cut from the same cloth.
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Learn more about Rebekah Leonard’s Exam Management - The Interagency Ratings Structure and Good Exam Preparation webinar.
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