Rulint is built to test financial-services compliance obligations, controls, processes, policies, and programs across regulatory domains. Testing is scoped around the requirement that applies, the process that should satisfy it, the population affected, the evidence available, and the conclusion that needs to be supported.
The examples below illustrate the types of financial-services compliance testing Rulint can scope. They are not intended to limit testing to a fixed catalog of regulations or products.
Test whether consumer-facing products, processes, disclosures, decisions, servicing activities, and complaint practices operate in accordance with applicable requirements and approved procedures.
Evaluate selected AML, customer due-diligence, sanctions, and related financial-crime controls using defined populations, evidence standards, and testing criteria.
Scope testing around the actual regulatory obligations, customer journey, transaction flow, operating model, and control environment of financial products and fintech business models.
Test whether outsourced activities, service-provider controls, oversight processes, and partner obligations are being performed and documented as required.
Testing does not have to begin with a named regulation. Rulint can test requirements established through laws, rules, policies, procedures, programs, control standards, and other authoritative sources.
Not every important testing question belongs in a predefined package. Rulint can evaluate additional financial-services compliance requirements when the testing basis can be defined and supported.
Whether the requirement involves lending, AML, sanctions, complaints, payments, servicing, vendor oversight, or another compliance domain, defensible testing still requires a clear testing basis.
Establish the relevant requirement, policy, procedure, control, product, process, testing period, and objective.
Establish the population, data method, sampling approach, evidence expectations, test procedures, and exception criteria.
Execute the test, document the evidence, resolve exceptions, complete quality review, and preserve the basis for the final conclusion.
What law, rule, policy, procedure, control, commitment, or program requirement establishes the expected behavior?
Which customers, accounts, transactions, events, decisions, records, vendors, or other opportunities are subject to the requirement?
What information demonstrates whether the requirement was performed correctly and supports an independent result?
The appropriate methodology depends on the client's regulatory obligations, product, process, systems, policies, population, available evidence, risk, and intended testing objective. Rulint determines the appropriate testing approach during scoping and test design.
If a financial-services compliance obligation can be defined, mapped to the affected process and population, and supported by sufficient evidence, Rulint can evaluate whether it is appropriate for independent testing.
