Don’t Let Your Bank Get Grilled this Summer with Our Compliance and Regulatory Updates for June 2023

Don’t get grilled this summer.  We have gathered the latest news, compliance, and regulatory updates taking effect in June of 2023. Effective training is your first line of defense against regulatory risk. We’ve brought together some of the key topics you and your staff should be aware of. 

Our webinars and live streaming events are presented live by experts in their field addressing compliance issues, industry trends, and regulation updates on topics such as TRID, Commercial Lending, HMDA and more!

Regulatory Compliance Webinars You Should Attend in June 2023

1071 Small Business Data Collection and Submission: Deep Dive and Operational Impacts

The CFPB has (finally) issued its long-awaited Final Rule on Small Business Lending Data Collection, which will require lenders to collect and submit to the CFPB data around small business loan applications by June 1st of each year. Fortunately, there is a transitioned implementation period, and when lenders must comply is based on how many small business loans they originate. That is but one of several important changes from the proposed rule. This rule will have a dramatic impact on small business lenders’ operations, and not just from an operational standpoint. There are significant cultural issues to address as well, as this will change in significant ways small business applications are collected and processed.

Audience: Anyone in the institution who is involved in small business lending, particularly the application part of the process needs this course. This could include commercial lenders, processors, front-line staff, commercial lending support staff, and related employees, as well as compliance professionals, auditors, risk managers and officers, and line of business managers. Also, executive management and even Directors would benefit from understanding the requirements of this extensive new rule.

Tuesday, June 6th, 2023

1:30 pm – 3:30 pm CT


All in with ACH All Day Streaming

We’ll make sure that as either a Receiving Depository Financial Institution or an Originating Depository Financial Institution, you’ll know your responsibilities regarding ACH.

Audience: Back-office operations, compliance officers, auditors, branch managers, treasury/cash management professionals, frontline staff, and customer service representatives will benefit from this information.

Tuesday, June 13th, 2023

9:00 am – 4:00 pm CT


Alert! FinCEN Issues Initial Beneficial Ownership Information Reporting Guidance

Financial Crimes Enforcement Network (FinCEN) published its first set of guidance materials to aid the public, and in particular the small business community, in understanding upcoming beneficial ownership information (BOI) reporting requirements taking effect on January 1, 2024.

Audience: BSA Staff, Bank Management, Compliance, Operations, Lending Officers, Business Management and all those who open accounts at financial institutions should attend this webinar.

Tuesday, June 13th, 2023

1:30 pm – 3:30 pm CT


TRID Hot Spots

This webinar will look at hot spot areas related to TRID. Learn what examiners are citing as well as other common errors in plain English.

Audience: This webinar is designed for consumer real estate loan officers, loan processors, and compliance and audit personnel.

Tuesday, June 20th, 2023

10:00 am – 12:00 pm CT


Prepping for the Proposed Interagency CRA Rule

It’s been 27 years since the federal bank regulatory agencies overhauled the Community Reinvestment Act (CRA) regulations. On May 5, 2022, after several false starts over recent years, the agencies issued a proposal to strengthen and modernize regulations implementing the CRA. The proposal features several significant revisions and will likely become final in 2023.

Audience:The program is designed for loan officers, compliance officers, CRA officers, loan department staff, bank counsel, and auditors.

Thursday, June 22nd, 2023

1:30 pm – 3:30 pm CT


Want to see the full webinar schedule? Check out our webinar calendar online for a full list of upcoming webinars.

By |2023-05-19T12:02:44-06:00May 19th, 2023|Bank, Credit Union, Financial Services|Comments Off on Don’t Let Your Bank Get Grilled this Summer with Our Compliance and Regulatory Updates for June 2023