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New on the Compliance Blog: Suspicious activity, interagency guidance on third-party risk management, more
As credit unions work to meet the needs of more than 125 million Americans during the coronavirus pandemic, NAFCU's award-winning regulatory compliance team continues to keep credit unions informed with new posts on the Compliance Blog every Monday, Wednesday, and Friday.
Here's a roundup of what's new this week:
Too Illegit to Quit: Dealing with Ongoing Suspicious Behavior: In Monday's blog post, NAFCU Regulatory Compliance Counsel Nick St. John breaks down several things for credit unions to consider when a member engages in suspicious activity.
Proposed Interagency Guidance on Third-Party Risk Management: NAFCU Senior Regulatory Compliance Counsel David Park details proposed interagency guidance on third-party risk management from federal financial regulators – including the Office of the Comptroller of the Currency (OCC), Federal Deposit Insurance Corporation (FDIC), and the Federal Reserve.
Adding Select Groups to Your Field of Membership: In today's blog, NAFCU Regulatory Compliance Counsel Keith Schostag reviews how a multiple common bond federal credit union (FCU) can amend Section 5 of its charter to directly add a new select group to the FCU's field of membership.
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Add to Calendar 2024-04-11 14:00:00 2024-04-11 14:00:00 Regulation E: Impacts Across Your Institution Dive into regulatory excellence with, Regulation E: Impacts Across Your Institution. This webinar is tailored to empower you with the knowledge and strategies necessary to effectively implement the Electronic Funds Transfer Act (EFTA) and Regulation E within your operations. You’ll explore how to apply Regulation E across various business areas to ensure compliance obligations are met with precision. Key Takeaways Learn the basics of EFTA and Regulation E Understand how to apply Regulation E at your organization to detect processes and transactions that require Regulation E compliance Discover how Regulation E may apply to a large breath of areas in your institutions and functions for which you may rely on third-party vendors Review recent enforcement activity for non-compliance with EFTA and Regulation E Register Now $295 Members | $395 Nonmembers(Additional $50 for USB)One registration gives your entire team access to the live webinar and on-demand recording until April 11, 2025Go to the Online Training Center to access the webinar after purchase » Who Should Attend NCCOs NCRMs Compliance and risk titles Education Credits NCCOs will receive 1.0 CEUs for participating in this webinar NCRMs will recieve 1.0 CEUs for participating in this webinar Web NAFCU digital@nafcu.org America/New_York public
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