| Louisville, KY or Virtual

Regulatory Compliance Seminar

Register for In-Person Register for Virtual Now

Monday, October 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? 

  • Credit unions have been targeted by plaintiffs' attorneys relative to multiple kinds of fees. Review recent trends in overdraft and NSF fee lawsuits, claims on foreign transaction fees, ATM fee suits, and more.

  • BSA Track Sessions
  • Discuss patterns in FinCEN's enforcement, including the biggest and most common issues they've come across from examinations.

  • FinCEN has an ANPR on making changes to the beneficial ownership rules. What might this look like for credit unions? What are the positives and potential negatives of these changes?

  • FinCEN has been considering national supervision priorities and recent legislation requires these steps. Receive an update on these efforts and what they could mean for your BSA exams.

  • Compliance Track Sessions
  • Tease out patterns in what the Bureau has been flagging by product/activity (deposit account; loans; servicing) and learn how recent enforcement actions show us where UDAAP risks are.

  • Lawsuits targeting the financial services industry in general can also present risks to credit unions on issues including the FCRA, remote deposit capture patent litigation, and DACA lawsuits. Discuss risk mitigation techniques such as arbitration clauses and class action waivers.

  • Hear from NAFCU on proposals and upcoming rules from the CFPB.

Tuesday, October 5

  • 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.

  • 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

  • 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.

Wednesday, October 6

Thursday, October 7

  • General Sessions
  • 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.

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

  • BSA Track Session
  • 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.