Education & Certification

November 04, 2020 Add to Calendar 2020-11-04 14:00:00 2020-11-04 14:00:00 Life Cycle Modeling and Forecasting vs Reporting Period in CECL About the Webinar Join our webinar on the use of loan life cycle data vs. reporting period data. While gross charge-offs and recoveries are similar, life cycle data allows the user to dive deeper into their analysis of losses, prepayments, default, and loss given default through time. Key takeaways: Gain an understanding of the data differences through time between life cycle and reporting period. Understand how reversion modeling affects reporting period modeling, and the importance of selecting the correct loss history. Learn how to adjust your data and the effects of those adjustments on your calculation. Register for the Webinar Web NAFCU digital@nafcu.org America/New_York public

Life Cycle Modeling and Forecasting vs Reporting Period in CECL

November 12, 2020 Add to Calendar 2020-11-12 14:00:00 2020-11-12 14:00:00 BSA/AML - COVID Impact and Regulatory Guidance Roundup This has been a busy year in terms of regulatory changes and policy developments with respect to BSA/AML compliance.  Not since the aftermath of 9/11, have we seen this number of guidance documents, proposals, final rules and legislative initiatives, and the prospect of sweeping change in the BSA regulatory regime appears on the horizon.  Hardly a day goes by without some new issuance, and AML compliance officers are challenged to keep pace with these regulatory and legislative developments.  Meanwhile, financial institutions continue to face heightened scrutiny with respect to their AML compliance programs, and enforcement activity continues unabated.  To add further complication, all of this has played out amidst the Covid-19 pandemic, requiring institutions (and their regulators) to quickly adapt to remote work arrangements, relying like never before on technology to do their jobs effectively.  The Covid-19 pandemic has created its own set of challenges in the BSA/AML space, and will continue to do so for the foreseeable future.  Without question, this is one of the most difficult and challenging environments that financial institutions have ever faced.  In this webinar, we will discuss the latest regulatory guidance documents, supervisory expectations, proposed and final rules and the legislative landscape for BSA/AML.  We will also discuss the impact of the Covid-19 pandemic on BSA/AML compliance and what to expect moving forward.   PROGRAM UNDERWRITTEN BY   Key Takeaways Walk through recent regulatory proposals, rules, guidance, alerts, and notices Examine the recent Suspicious Activity Report data breach Discuss the significant changes on the horizon for the BSA/AML regime Review the impact the pandemic had on heightened AML and fraud challenges Understand how new leadership at the regulatory agencies could impact policy in the BSA/AML area Register Now$295 Members | $395 Nonmembers (Additional $50 for CD)One registration gives your entire credit union access to the on-demand recording until November 12, 2021.Already registered? Go to the Online Training Center to view live. Who Should Attend? NAFCU Certified Bank Secrecy Officers (NCBSOs) NAFCU Certified Risk Managers (NCRMs) NAFCU Certified Compliance Officers (NCCOs) BSA, AML staff Risk, audit, fraud staff Education Credits NCBSOs will receive 1.5 CEUs for participating in this webinar. NCRMs will receive 1.5 CEUs for participating in this webinar. NCCOs will receive 1.5 CEUs for participating in this webinar. CPA credit information is below; recommended 1.5 CPE credits. CPA Certification Credit Information Reviewer: Josie Collins, Associate Director of Education, NAFCU Learning Objectives: Walk through recent regulatory proposals, rules, guidance, alerts, and notices. Examine the recent Suspicious Activity Report data breach. Discuss the significant changes on the horizon for the BSA/AML regime. Review the impact the pandemic had on heightened AML and fraud challenges. Understand how new leadership at the regulatory agencies could impact policy in the BSA/AML area.  Program Level: Basic Prerequisites Needed: None Advance Preparation Needed: None Delivery Method: Group Internet-Based Recommended CPE Credits: 1.5 credits Recommended Field of Study: Regulatory Ethics – Technical National Association of Federal Credit Unions (NAFCU) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. Learn more. About Our Webinars Our webinars are streamed live from NAFCU headquarters near Washington, D.C. Your audio/video feed of the presenters includes presentation slides and downloadable handouts. You can easily submit your questions to the presenters at any time during the live broadcast, with no dialing over the phone! The audio and video stream directly through your computer. Web NAFCU digital@nafcu.org America/New_York public

BSA/AML - COVID Impact and Regulatory Guidance Roundup

Credits: NCRM, NCBSO, NCCO, CPE

October 16, 2020

COVID-19 SBA Program FAQs

Payday Lending

April 03, 2020

Credit Reporting, Forbearance, and Skips

Consumer Lending

October 02, 2020

Macro Data Report - Employment Situation