Financial institutions have been implementing new regulations through board-approved policies for decades. As existing regulations are revised and new regulations are published existing polices need to be updated. Policy Updates are designed to simplify the task of updating existing policies, regardless of where the existing requirement is lodged. Policy updates also address procedures and internal controls, independent testing and training. The Equal Treatment of Same-Sex Married Couples Policy Update communicates the Board’s intent to provide equal treatment to same-sex married couples.