2022-11 November – Dodd-Frank Act Section 1071: Preparing for Implementation

Course Description

Dodd-Frank Section 1071 requires the Consumer Financial Protection Bureau (CFPB) to issue final rules requiring small business lenders to collect data on lending to women and minority-owned small businesses and report this data to the CFPB annually. A final regulation is expected to be issued by the CFPB in Spring 2023. This course explains who and what are covered, what is considered a covered transaction, and data points to be collected and reported.

20 Minutes

Series: Directors Education Series

Roles: Board of Directors

Course Format: Webinar

Package: Director Education Webinar Series

View Related Series

View Series

Directors Education Series

View 37 Courses

The Directors Education Series provides targeted training modules focused on the Bank Director’s conduct, responsibilities and liabilities. All programs have been authored by highly recognized, respected industry experts.

View Series

PCI Compliance

View 4 Courses

Our PCI training courses help cardholder data handlers, supervisors, and IT professionals ensure compliance with PCI standards, pass audits, and avoid data breaches.

View Series

Enterprise Risk Management & Compliance for Banks

View 51 Courses

These courses cover a variety of risk and compliance management topics that effect an institution and its operations, including interest rate risk, ADA, CRA, identity theft and more.