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October 27, 2020

Reg Compliance Seminar kicks off with NCUA exam trends, FAQs, more

Virtual Reg SeminarToday, NAFCU's Virtual Regulatory Compliance Seminar kicks off with an in-depth look at how credit unions can best prepare for exams amid the coronavirus pandemic. In addition, attendees will learn what cybersecurity and Bank Secrecy Act (BSA) trends to be on the lookout for.

The seminar runs through Friday and is designed to provide credit union compliance professionals with an opportunity to sharpen BSA and compliance knowledge through advanced training.

Following welcome remarks from NAFCU Executive Vice President of Government Affairs and General Counsel Carrie Hunt and NAFCU Vice President of Regulatory Compliance Brandy Bruyere, the first session will tackle operational risk, risk assessments and business continuity plans.

Here’s an overview of additional topics on today’s agenda:

  • NCUA exam questions and current cybersecurity trends;
  • trends present in BSA exams this year, including the most common violations found and practical tips for successful exams; and
  • tips on how to manage working with examiners to ensure a fair and effective exam process for your credit union.

In addition, Hunt and Bruyere will provide an overview of the numerous compliance resources available for compliance professionals.

The first day of the seminar features general sessions on a range of topics. Starting tomorrow, attendees will have the opportunity to choose between the Compliance Track or the BSA Track moving forward. Additionally, attendees can choose to take advantage of the virtual event format and view both tracks through a mix of live and on-demand sessions.

Those who are already NAFCU Certified Compliance Officers (NCCO) and/or NAFCU Certified Bank Secrecy Officers (NCBSO) can earn their recertification(s) simply by attending – no exams necessary.

View the full agenda here. Unable to attend? Registration includes access to on-demand recordings of conference sessions. For up-to-the-minute updates, follow #ComplianceSeminar on Twitter.