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Virtual Regulatory Compliance Seminar


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Signature Sponsor:

NAFCU 2021 Virtual Regulatory Compliance Seminar Signature Sponsor - Credit Bureau Strategy Consulting, LLC.

Part 1

Part 2

  • General Sessions
  • Learn about the latest fraud trends, specifically regarding ID theft and elder abuse, as well as how to spot red flags and what actions you can take.

  • Fair lending is a top priority of federal regulators. Find out how to determine whether there is risk of disparate impact and how to document a rational business purpose. Gain insights about using alternative data and how this affects fair lending risks.

  • BSA Track Sessions
  • Recent legislation requires FinCEN to issue reports, review SAR and CTR requirements, establish liaisons with other regulators, and more. Learn more about what could be coming from FinCEN as it implements this law.

  • With more states legalizing marijuana, learn what your credit union should consider when deciding to provide services to marijuana-related businesses and MRB employees, including the risks involved and SAR filing requirements.

  • What to take into account when risk-rating accounts, red flags that show an account is not properly rated, and how to make adjustments.

  • Compliance Track Sessions
  • What are the risks of allowing ACH and check transactions to be authorized digitally? Discuss accepting online applications, e-notaries, and delivering notices and how to assess vendors and programs.

  • Discuss key legal and compliance considerations of helping borrowers modify their loans, including proposed changes to servicing requirements recently announced by the CFPB and when to label a modification a TDR.

  • Learn about best practices for handling member consent as well as autodialers, TCPA and operational issues 

Part 3

  • General Sessions
  • Discuss best practices for communicating with members to become current, collecting past due amounts, handling negative balances, and when to charge off.

  • In a recent survey, many credit union compliance officers listed some common challenges. How do you stay on top of regulatory changes? What steps can compliance professionals take to have a seat at the table with new initiatives? How can credit unions attract and retain skilled compliance staff? Join this panel discussion to hear ideas for tackling these challenges and share your thoughts through polls in this interactive session.

  • Find out about due diligence considerations for working with FinTechs and what to include in a Third Party Risk Management program to account for FinTech-specific issues.

  • BSA Track Sessions
  • Receive an update from law enforcement on trends, how filings help efforts.

  • Discuss SAR legal requirements, illustrated with factual scenarios involving COVID-related fraud, cyber intrusions or ransomware, and similar hot topics with case studies to help you determine best practices and next steps.

  • Compliance Track Sessions
  • Discuss best practices and what policies are required and what should be reported to the Board. Also which policies need board approvals? 

  • Learn about MLA/SCRA common pitfalls, avoiding errors, making sure disclosures are given, and other considerations.

Part 4

  • General Sessions
  • Get the latest on NCUA exams, including:

    • What is NCUA looking for in recent exams?
    • What are common exam findings on the BSA side and in general consumer compliance?
    • What might trigger a separate fair lending exam?
    • What is the latest on the implementation of MERIT? 

  • BSA Track Sessions
  • In this interactive session using the app, you'll run through multiple scenarios. Is this suspicious? Would you file a SAR? Should these transactions be aggregated and a CTR filed? Test your knowledge in a hands-on way.

  • Elder Abuse
  • Compliance Track Sessions
  • Gain insights into handling members in bankruptcy, including treatment of negative share accounts, consumer loans, mortgages, and future transactions.

  • Learn about compliance considerations for expanding, including what types of credit unions can merge based on charter type, and considerations for expanding FOM without merging.