Upon completion of this webinar, participants will be able to:
(1) Identify common examples of negative pledge provisions in loan and security agreements.
(2) Understand and explain to borrowers why lenders want negative pledge provisions.
(3) Understand and explain to borrowers defaults and the borrower's ability to cure.
(4) Understand helpful hints in drafting and documenting negative pledge provisions.
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.
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!
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 webinar summarizes the new accounting
standard (ASU 2016-13, Financial Instruments – Credit Losses) for the determination of the Allowance for Loan & Leases (ALLL) – the new standard that replaces the incurred-loss model currently in use.
This carefully presented overview should take away the mystique and in some cases the fear of the estimation (forecasting) requirements now required under CECL.