Nacha announced that, starting next month, the process of requesting proof of an ACH Rules compliance audit will be automated through its Risk Management Portal.
Background: Nacha’s bulletin noted:
The rule requiring participating depository financial institutions and third-party senders to perform an annual audit has long served as a critical tool for assuring compliance with the Nacha Operating Rules.
Beginning in October, automation of this process through riskmanagementportal.nacha.org will enable it to contact more financial institutions.
