Guidelines for creating and managing policies

The Expere OPPSA Deposit area allows you to enter data for a single policy that may be applied to products used in multiple jurisdictions. However, you will want to use your discretion when setting up a single policy with the intention of using it in multiplicities or regions.

Consider the following:

• Printed disclosure content is driven in many cases by the location (the state) of the organization where the disclosure is printed. (The account disclosures look to the branch location the user is logged into in OPPSA for state law applicability of a transaction.) Where a single policy may be used in multiple jurisdictions, the printed text may, in some cases, vary from state to state depending on the state the user is logged into when performing the transaction.

Here are some recommendations for managing your policies effectively:

• State specific rules alone may not, in some cases, require separate policies to be set up, but for ease of managing and maintaining your policies you may want to set up separate policies anyway.
• For some state- or regional-specific issues that affect setup data, you will see state references in the setup options. In some cases, there may be additional help text describing state specific issues or limitations, some of which may not print if selected and used in another state. In some cases, such differences may warrant the creation and maintenance of separate policies.
• Sometimes, the need for different policies may be driven by issues other than legal

  jurisdiction. Where product offerings or other policy differences apply to different branches, it is often necessary to maintain separate policies.

• If you plan to create policies that accommodate multiple states or regions, incorporate into your review process the printing and review of sample policies as they print in each affected region.