Financial Services Legal Compliance
Map regulatory requirements across federal and state frameworks for financial services, assessing policy gaps and preparing for examinations.
50-70% reduction in compliance analysis
Comprehensive regulatory coverage
Workflows & Enterprise Tools
The Problem
- ✗Multiple regulatory frameworks
- ✗Frequent regulatory changes
- ✗Examination preparation burden
- ✗Compliance monitoring complexity
- ✗Enterprise-wide coordination
How Claude Helps
Maps regulatory requirements, analyzes policies for gaps, prepares examination materials, monitors regulatory changes, and supports compliance testing.
Step-by-Step Workflow
Identify applicable regulations
Determine all federal, state, and agency regulations that apply to your operations.
Map requirements to operations
Align regulatory requirements with specific business activities and processes.
Assess policy coverage
Review existing policies against regulatory requirements to identify gaps.
Implement monitoring
Establish ongoing compliance monitoring procedures.
Prepare for examinations
Compile materials and documentation for regulatory examinations.
Maintain compliance program
Update the compliance program as regulations and operations change.
Example Prompt
Assess our compliance with consumer lending regulations: BUSINESS PROFILE: - Consumer installment loans (up to $35,000) - Online origination nationwide - State-licensed in 45 states - Annual origination: $500M REGULATORY FRAMEWORK REVIEW: 1. FEDERAL - Truth in Lending Act / Reg Z - Equal Credit Opportunity Act / Reg B - Fair Credit Reporting Act - UDAP / UDAAP - Military Lending Act - Electronic Fund Transfer Act 2. STATE - State licensing requirements - Rate caps and fee limitations - State disclosure requirements 3. CFPB GUIDANCE - Recent enforcement priorities - Supervisory highlights ASSESSMENT OUTPUT: - Regulatory requirement checklist - Policy mapping by requirement - Gap analysis - Risk rating by area - Recommended remediation - Examination preparation items
Frequently Asked Questions
How does Claude stay current on regulations?
Claude's knowledge has a cutoff. For current regulations, provide recent updates or use regulatory tracking services.
Can Claude help with examination prep?
Yes. Claude can prepare materials, but actual examination strategy should involve experienced compliance counsel.
What about state-specific requirements?
Specify applicable states. Claude will identify state-specific requirements where available.