Spring is finally here with warmer weather, new flowers, and new regulatory changes. Keep your company blooming by being aware of and properly trained on the regulatory updates taking effect in 2022. 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, HMDA, Bank Accounting, Fair Lending, and more!
Regulatory Compliance Webinars You Should Attend in May 2022
3 Part Series for New Bank Compliance Officers
Wednesday, May 4, 2022
In this unique webinar, Anne Lolley will provide an overview of federal compliance laws. This is a great training tool for newer lenders and processors, and the webinar will help even experienced bankers understand the source of the various requirements.
All information in the webinar will be clearly-documented in a colorful and user-friendly handbook. This is a wonderful resource manual – lenders, loan processors and compliance officers will refer to this booklet time and time again. In addition to providing compliance summaries, the booklet offers specific cites to help readers locate rules, as well as a detailed, alphabetical index.
Audience: Lenders, loan processors, compliance officers
Wednesday, May 11, 2022
1:30 pm – 3:00 pm CT
Introduction to ACH: The Basics
Wondering what ACH really is and who all the participants are? We have the answer in this class. While ACH has been around for a long time, not everyone really understands the big picture. This session is designed for those that are new to operations and those that want to confirm they really understand ACH.
Audience: Back-office operations, compliance officers, auditors, branch managers, Treasury/cash management professionals, frontline staff and customer service representatives
Friday, May 20, 2022
Opening Accounts for Nonresident Aliens
It has always been challenging to open accounts for nonresident aliens and to identify the person we are doing business with. 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 institution: 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 the 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.
Audience: New Accounts Representatives, Personal Bankers, Lenders, Tellers, Branch Managers and Branch Administration
Tuesday, May 24, 2022