Created Policies, Processes and Agreements for Retail and Commercial Operations

Richard Berman has developed and drafted policies, processes and agreements to address gaps in retail and commercial operations and address a constantly changing operating and regulatory environment faced by financial institutions. Examples are policies and procedures that address issues arising under the Dodd Frank Act, Regulation E and Regulation O, the SAFE Act and regulations promulgated by the Consumer Financial Protection Bureau such as the TILA-RESPA Integrated Disclosure (“TRID”) rules. Richard is experienced working with financial institutions to develop customer-facing agreements, such as deposit account agreements, cash management agreements and other retail and commercial agreements. He also works with financial institutions to develop internal operational documents and processes, such as responses to subpoenas and asset based proceedings.