Oct. 23, 2012 – NAFCU’s Regulatory Compliance Seminar kicks off today in Seattle, Wash., with a keynote presentation from attorney and author Kevin Funnell on what compliance officers of “good credit unions” can learn from “bad banks.”
The seminar, held at the Sheraton Hotel Seattle through Oct. 26, brings nearly 200 credit union professionals together from around the U.S. to receive in-person training. The event provides participants with an opportunity to network and develop relationships with colleagues as they work to stay up-to-date with regulatory changes.
Funnell, who authors the "Bank Lawyer’s Blog," will highlight corporate governance laws and regulations that credit unions can use to protect their officers and directors from lawsuits or enforcement actions.
Today’s schedule of activities also includes a networking breakfast sponsored by NIFCU$, a session on NCUA and the regulatory front; and a session on technology service agreements that looks at how credit unions can marry their business needs with expectations from regulators.
Tomorrow’s agenda includes a look at proposed mortgage disclosures under the Truth in Lending Act and Real Estate Settlement Procedures Act; a NAFCU webcast on social media and website compliance; a look at Regulation E remittances; a panel discussion on the Bank Secrecy Act; and an update on rules from the Consumer Financial Protection Bureau.
On Thursday, compliance expert Robert Rutkowski, a partner with Weltman, Weinberg & Reis Co., will conduct his monthly “Current Issues in Credit Unions” podcast live from the seminar. The monthly podcast covers compliance issues with the greatest impact on credit union operations.
NAFCU’s Regulatory Compliance Seminar will also feature expert insight from NAFCU Director of Regulatory Compliance Steve Van Beek and Regulatory Compliance Counsel Michael Coleman (both holders of NAFCU's Certified Compliance Officer designation). In addition to the topics mentioned above, the event will also address upcoming mortgage servicing requirements, fair lending issues and, among other things, the latest on overdraft protection.
Registration to the event is open to all credit unions, regardless of NAFCU membership.