Oct. 24, 2012 – Credit unions will learn how to ensure their online channels meet federal consumer protection requirements during NAFCU’s webcast, “Social Media and Website Compliance,” today starting at 2 p.m. Eastern.
Online channels are subject to the same consumer protections that apply to other marketing channels, and failure to address those poses compliance risk, reputation risk and more. Those protections are implemented under rules issued by the Consumer Financial Protection Bureau and apply to all financial institutions, regardless of size.
Justin Robinson, director of compliance at CliftonLarsonAllen LLP, is today’s webcast speaker. The program will look at the following:
- how to better integrate compliance into the social media and website process;
- examples of the most common compliance violations that are found on credit unions websites and social media;
- details on how to correct any social media and website compliance issues; and
- regulatory requirements under Regulation Z, truth in savings rules, advertisement of insured status, unfair and deceptive acts and practices, Regulation B and the required “equal housing lender” logo.
Today’s webcast audience will include the participants of NAFCU’s Regulatory Compliance Seminar, underway now in Seattle, Wash. The webcast is available to all credit unions regardless of membership in NAFCU.