The idea of a 3 line defense system is not necessarily a new concept, but it is one that has begun to receive more emphasis. With our regulatory world changing and becoming increasingly complicated, a new formalized approach to the 3 lines of defense is helping many institutions stay on track and in compliance. This approach helps to establish responsibility and accountability throughout your processes.
This session will explore what the 3 lines of defense look like and how you can implement them in your institution.
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.
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.
It’s getting down to the wire on that dreaded tax deadline. What do you do when someone walks in at 5PM on April 18th this year to make a contribution to his/her IRA? What if s/he doesn't have an IRA and you need to open one for him/her?
These and other questions will be answered in this informative webinar. If you have just started with IRAs or want a good review of IRA fundamentals, this is the program for you. This session will prepare you to open, move, and close IRAs-- and get all the paperwork right in the process. If you have been afraid of IRAs or simply lack basic knowledge on the topic, this webinar will get you excited and motivated to become the IRA expert at your organization.