Newsroom

February 27, 2015

NAFCU webcasts ahead on RBC2, BSA and debt

In March, NAFCU is offering several webcasts on issues important to credit unions, including NCUA's second proposed rule on risk-based capital, changes to the Bank Secrecy Act/Anti-Money Laundering Examination Manual and troubled debt restructuring.

On March 11, Hugh Chakler from Orth, Chakler, Murnane & Co. CPAs will discuss the changes NCUA made to its first proposed risk-based capital rule and how the new proposal would affect credit unions. He will discuss the current proposed risk weights and how they would affect credit union finances. Attendees who register by March 4 will save $100.

On March 18, David Reed, of Reed & Jolly PLLC, will speak about the latest version of the Federal Financial Institutions Examination Council BSA/AML Examination Manual and how it affects suspicious activity reporting, ACH transactions and prepaid access to bulk cash shipments, among other things. Attendees who register by March 11 will save $100.

Finally, on March 25, Charles Kelly, senior audit manager of CliftonLarsonAllen LLP, will discuss current guidelines in generally accepted accounting practice for dealing with troubled debt restructuring. He'll also talk about the Financial Accounting Standard Board's Accounting Standards Update and related issues. Attendees who register by March 18 will save $100.

All three webcast will be available on demand for up to a year after their broadcasts through NAFCU's Online Training Center.