Non-Deposit Investment Products (NDIP) Policy

$275.00

This Non-Deposit Investment Products Policy Template addresses the referral, sale, promotion, and marketing of non-deposit investment products (NDIP) to individual customers of a bank, credit union, fintech company, or other type of financial institution.  See more information about this product below.  In addition, we recommend adding a Product Update Protection Plan to your shopping cart to ensure you automatically receive an updated version of this policy template every time it is revised by us via e-mail within one year from the date of purchase.

Non-Deposit Investment Products Policy

This Non-Deposit Investment Products Policy Template addresses the referral, sale, promotion, and marketing of non-deposit investment products (NDIP) to individual customers of a bank, credit union, fintech company, or other type of financial institution.

Table of Contents

  • Purpose and Contents – Topic 1
  • Policy Statement – Topic 2
  • Structure of Accountability – Topic 3
  • Risk Management – Topic 4
  • Scope of Retail Sales – Topic 5
  • Types of NDIPs and Related Services – Topic 6
  • NDIP Delivery Channels – Topic 7
  • Regulatory Authority and Framework for NDIP Sales Activities – Topic 8
  • Regulatory Risk Assessment Process – Topic 9
  • Model Risk Management Program Policy Reference – Topic 10
  • Third-Party Management – Topic 11
  • Compliance Program – Topic 12
  • Independent Risk Management Program – Topic 13
  • Product Selection – Topic 14
  • Setting and Circumstances – Topic 15
  • Disclosures and Advertising Requirements – Topic 16
  • Regulation Best Interest and Suitability Standards – Topic 17
  • Compensation – Topic 18
  • Other Services Provided – Topic 19
  • Audit Policy – Topic 20
  • Staff Training and Qualifications – Topic 21
  • Retention of Documentation – Topic 22

Recent updates to this product:
07/15/24 Update
OCC Bulletin 2024-13 – Retail Non-Deposit Investment Products: Revised Comptroller’s Booklet and Rescissions

This Non-Deposit Investment Products Policy Template (approximately 60 pages) is available to purchase from BankPolicies.com in Microsoft® Word format.

Want to ensure your purchase from BankPolicies.com remains current? Add a Product Update Protection Plan to your shopping cart to ensure that you will automatically receive an updated version every time it is revised via e-mail within one year from the last date of purchase. This timely and cost-effective solution ensures that you stay on top of federal regulatory changes and industry recommended best practices.

When updates are made you will receive detailed information regarding why the product was updated and what has changed within the product in our Product Update Notification e-mail correspondence. This enables you to make an informed decision on whether to make any changes to the policy or procedure you implemented for your financial institution from the revised template.

BankPolicies.com provides your financial institution with the best bank policy template products available in the industry. You will always be up to date with the latest changes to bank policies and never have to worry about being out of compliance with the various laws, rules and regulations issued by the Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Federal Reserve, Office of the Comptroller of the Currency (OCC), or other federal regulatory bodies that may apply to your organization.

Our dedicated staff of career banking industry professionals are ready to keep your financial institution up to date with the latest bank policy standards and industry best practices. Purchase your bank policies from us today and rest easy knowing you have the right team helping you and your organization stay compliant. We look forward to earning your business for all of your bank policy needs.

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