UDAAP Review

The Unfair and Deceptive Acts and Abusive Practices (UDAAP) Review will identify potential acts or practices that materially increase the risk of consumers being treated in an unfair, deceptive, or abusive manner. It will assess the quality of your institution’s compliance risk management systems, including your internal controls and policies and procedures for avoiding unfair, deceptive, or abusive acts or practices/UDAAP. This review would include an advertising component, as well as a review of brochures and other documents that your institution produces and uses as part of its overall operations.