The focus of this interactive webinar is to limit your financial institution’s liability. This session outlines your responsibilities to the Federal Government if a beneficiary is deceased but still receiving benefit payments. The NACHA Operating Rules still apply when processing these payments but the Green Book outlines the exceptions when handling DNEs (Death Notification Entries) and Federal Government Reclamations.
This session will explore what steps need to be taken to implement an effective Regulation CC compliance program; will breakdown the new rule section-by-section and explain the effects these changes have on your check clearing procedures; and, will outline the procedures your institution must have in place for a sound and compliant effective funds availability program.
President Trump has vowed to dismantle the Dodd-Frank Wall Street Reform and Consumer Protection Act and as a part of that process the Consumer Financial Protection Bureau (CFPB). While this has been on his radar for some time, the CFPB will be a part of our regulatory lives for the foreseeable future. The CFPB will continue to be a leader in setting regulatory priorities across the financial industry. This session is a forward thinking discussion that will explore what is on the agenda, what we can expect, and what these changes mean for us. We will also discuss the implications of President Trumps vow to dismantle the rules.
This webinar explores the new customer due diligence rules, and how they impact your institution's daily operations. During our discussion, we will explore updates to your BSA program documentation, customer forms, on-boarding processes, system changes, and the extensive training that will be required.
Dealing with nonresident alien accountholders adds another layer of issues to account opening, maintenance, and reporting.
Since the USA PATRIOT Act, Customer Identification Program (CIP) law passed, opening these accounts and covering the required documentation and identification bases makes dealing with these accounts more challenging than ever. This issue is also a Bank Secrecy Act exam "hot spot" with the regulators as nonresident alien accounts are considered to be high risk.
This session will address the following questions about procedures and your bank: What does the law say about identifying nonresident aliens? What type of identification is being used around the country to open accounts? What are the proper procedures for W-8 reporting? What role does Office of Foreign Assets and Control (OFAC) play in your new accounts procedures? If these questions have not been answered to your satisfaction in your bank this session is a must.
Join us to review FDIC and other regulatory retention rules; E-Sign record requirements; email, social media, and mobile device record risks; and electronic record retention rules, policies, and best practices.
During this program, we will cover three of the big compliance issues that face your frontline. First we will address some of the legal aspects of checks covered in the UCC 3 and 4. This will include stop payments, death issues, endorsements and more. Second, we will look at checks and holds and the reasons for placing those holds. Third, we will examine the “hot spots” on the Currency Transaction Report (CTR) and common errors and misunderstandings of the form.
The IRS is now requiring financial institutions to correctly report those hard to value assets within an individual’s IRA. Most stocks and other traditional investments are easy to value. The price is determined by the markets or found on a bank statement. But some assets are not so easy to find a value for, and that's a problem if those assets are held in an individual retirement account or other tax-deferred retirement account.
Claims under Title III of the Americans with Disabilities Act (ADA) are rising. The DOJ received 6,391 accessibility complaints in 2015—a 40% increase over 2014. Moreover, 240 businesses across the United States have been sued by plaintiffs who claim these organizations' websites fail to accommodate certain disabilities. Even more Financial Institutions and businesses have received demand letters from law firms. Targets have been strong-armed into settlement agreements due to plaintiffs' citation of favorable arguments in previous cases which held that the ADA applies to websites.
This proactive webinar provides a thorough overview of commercial lending requirements from a loan structure, documentation, and compliance perspective.
Basic business structure will be presented along with loan structure and loan support. Additionally, commercial lending issues relative to loan documentation will be reviewed. Loan pricing and monitoring will also be covered along with a review of current compliance issues.
The webinar will be summarized through a comprehensive case study.
This is Part IV of our IV-part 2018 Call Report Series. This webinar explores the most important schedule in the quarterly Call Report package – Schedule RC-R, Regulatory Capital - and how it is designed to compute the four basic Basel III Capital Ratios.
Who is the best defense against fraud and loss at your Institution? Tellers on your frontline!
Tellers deal with checks every day; however, if they don’t deal with them in accordance with the “law of checks” – that is, the Articles 3 and 4 of the Uniform Commercial Code (UCC) - your institution could face unnecessary headaches and financial loss. Use this webinar to arm yourself and your staff with vital UCC information and examples.
The Gist: Financial Institutions that engage in transactions involving money generated by marijuana-related activity are subject to criminal liability for failure to identify or report financial transactions which implicate violations of the U.S. Controlled Substances Act (“CSA”).
However, there is real potential for community banks and credit unions to offer their services to marijuana businesses. This is because bigger national banks continue to close out the last of their existing cannabis-related accounts. Although your Institution would still take on risk by providing services - which, technically, would violate federal law - if you comply with the Cole Memo and FinCEN Guidance, then this could be a lucrative opportunity.
Upon completion of this webinar, participants will understand:
• What regulations cover advertising for credit products;
• What communications are considered “advertisements”;
• What are triggering terms and triggered disclosures;
• When the Member FDIC/NCUA and Equal Housing Lender logos are required;
• Differences between advertising requirements for consumer and commercial loans; and
• UDAAP issues surrounding advertising.
This webinar is a one-stop shop for issues surrounding the TILA-RESPA Integrated Disclosure (TRID) rule rule. In this session, we will analyze the TRID rule and the CFPB's amendments to that rule. We will explore how the rule changes can impact your current business operations and identify key requirements that may cause confusion for your mortgage lenders. We will discuss guidance and other publications issued by the CFPB that will help facilitate your Institution's implementation of the rule. We will also review mortgage lenders' obligations under the TRID rules to track and monitor tolerance levels.
When you register for this session, you will receive a Toolkit that includes (but is not limited to) the following items:
(1) Strategies to improve your collections skills;
(2) Tips to ensure all accounts are handled in a consistent fashion;
(3) Important provisions to add to your institution's debt collections policies and procedures NOW!
By broadly interpreting the types of collections practices that are considered Unfair, Deceptive, or Abusive Acts and Practices (UDAAP), the Consumer Financial Protection Bureau (CFPB) has redefined the types of practices your FI can employ to collect on debts.
Being a BSA officer requires technical knowledge, communication and cooperation with auditors and regulators, and the ability to navigate and negotiate among entities within your Institution.
We will review BSA requirements and examine real-life scenarios. You will learn which areas in your Institution require additioal research and how to investigate, file, and track a SAR. After attending this webinar you will be well-positioned to meet- and surpass- examiner and regulator expectations.
Free Webinar Sponsored by iTod.
All Registrants Will Receive a "Non-Discrimination and Anti-Harassment Policy & Complaint Procedures for Employees" Template, Which May be Modified to Suit Your Institution's Needs.
Space is Limited to the First 100 Registrants – Register Today!