Compliance, Risk & BSA

August 27, 2019 Add to Calendar 2019-08-27 14:00:00 2019-08-27 14:00:00 Overdrafts and Error Resolution Procedures This presentation will review the regulatory requirements and practical considerations related to overdrafts and error resolution.  Recently, there has been a rise in litigation and claims related to disclosures made for overdrafts and associated practices.  We will review the applicable requirements for overdrafts and error resolution protocol to ensure that responsible overdraft programs are in place to protect not only the credit union but its members.  Key Takeaways: Understand the importance of Regulation E’s safe harbors Learn how to maintain clear terminology in account agreements to avoid claims based on ambiguity Identify suitable policies and procedures that should be implemented to ensure compliance Understand how examiner training and secondary disclosure review will help minimize process errors Review card chargebacks and electronic transfer issues Discuss currently litigated issues posing the most risk to credit unions  Register Now $295 Members | $395 Nonmembers (Additional $50 for CD) One registration gives your entire credit union access to the on-demand recording until July 30, 2020. Already registered? Go to the Online Training Center to view. Who Should Attend? NAFCU Certified Compliance Officers (NCCOs) NAFCU Certified Risk Managers (NCRMs) Compliance staff Risk staff Credit Union Staff Attorneys Education Credits NCCOs will receive 1.5 CEUs for participating in this webinar. NCRMs 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: Understand the importance of Regulation E’s safe harbors.  Learn how to maintain clear terminology in account agreements to avoid claims based on ambiguity.  Identify suitable policies and procedures that should be implemented to ensure compliance.  Understand how examiner training and secondary disclosure review will help minimize process errors.  Review card chargebacks and electronic transfer issues.  Discuss currently litigated issues posing the most risk to credit unions. 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 Federally-Insured 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

Overdrafts and Error Resolution Procedures

Credits: NCCO, NCRM, CPE

September 04, 2019 Add to Calendar 2019-09-04 14:00:00 2019-09-04 14:00:00 CECL Auditing Part 1: Historical Balances and Calculations This session will review the key data requirements under CECL as well as concepts to audit the historical data totals, calculations within the model such as prepayments, and internal controls over data. Participants will gain an understanding of: Auditing amortized cost basis by pool Identifying and auditing data exceptions and errors Validating data pooling historically and currently Understanding how data quality will create volatility and materiality issues Understanding and auditing credit quality factors and the effects on models and monitoring credit risk Verifying and auditing life cycle accumulated data including PD and LGD Auditing prepayment calculations and charge offs for models as well as controls over adjusting data before forecasts Understanding and auditing additional audit procedures for third party data Auditing Purchased Credit Deteriorated determinations and calculations This session is recommended for internal accountants, external auditors, and regulators. Web NAFCU digital@nafcu.org America/New_York public

CECL Auditing Part 1: Historical Balances and Calculations

September 05, 2019 Add to Calendar 2019-09-05 14:00:00 2019-09-05 14:00:00 Shining a Light on the Dark Web The “Dark Web” is a shadowy part of the internet where criminals plot and plan their activity. This hidden area of the web is widely misunderstood. In this webinar, we will explore the structure of the Internet, the secret criminal communities hiding within it, and the misconceptions of the underground. Attendees will be able to better understand how criminals operate, and how credit unions may or may not need to focus on the Dark Web in daily operations. Web NAFCU digital@nafcu.org America/New_York public

Shining a Light on the Dark Web