Consumer finance companies know that ensuring compliance with regulations across all employees, partners, affiliates, or other third parties across social media can be a difficult and daunting task. The best way to get out ahead of regulatory risk is to build a robust social media compliance program.
Use this checklist to help shape your organization’s compliance program—from documentation, training, and education to compliance monitoring, remediation, and technology—to ensure regulatory and marketing compliance across social media.
Regularly review and update the company's social media policy and compliance training to stay current with changes in regulations and emerging risks by:
Conduct regular internal compliance training programs, which includes:
Have a clear action plan for instances of non-compliance by an employee, partner, affiliate, or third party.. This may include:
Have a system in place to monitor:
Implement a social media compliance software or tool to help monitor your brand across social media that includes:
PerformLine's omni-channel compliance monitoring technology automates...
...to make loan officer oversight streamlined, efficient, and painless.