ABA Risk and Compliance
 
 
 
 
August 5, 2022
Features
Banks are considering core platform changes as they face increasing technology-driven risks
As a former engineer, Jennifer Schmidt brings an understanding of systems and integration to her work as a community bank chief compliance officer.
Asurity Technologies
International Monetary Fund
1071: What Does the Final Rule Mean for Small Business Lenders
Ncontracts®
The CFPB has released the final rule implementing Section 1071 of the Dodd-Frank Act. Ncontracts regulatory compliance experts have gone through all 800+ pages. Whether you're a commercial lender, compliance professional, or member of the C-suite, this webinar on Thursday, April 20, 2023 at 1pm CST will help you understand what the Section 1071 final rule means for your team and how to move forward with confidence. 
Register Now
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Risk and Compliance News
Late fees for financial products, when charged appropriately, incentivize timely payment and good financial management, ABA and three other financial trade groups told the CFPB in response to a recent request for information.
The Treasury Department’s Office of Foreign Assets Control has announced additional sanctions against Russia as a result of the ongoing conflict in Ukraine
Innovations in account registration have given fraudsters just as much convenience as customers. Although check use is not as common in the digital age, fraudsters utilize checks as a convenient medium to exploit banks and their customers.
Regardless of where your bank stands on environment, social or governance-related policies, banks have good stories to tell investors who care about ESG—and telling those stories may help with regulatory compliance.
Fenergo
Winnow Solutions, LLC
The Consumer Financial Protection Bureau released a blog post recently that showed that overdraft revenue has increased over the past year, based on the CFPB’s analysis of Call Report data.
The Department of Labor issued a proposal that would significantly amend the requirements for banks and other investment managers of retirement assets to rely on Prohibited Transaction Exemption 84-14, known as the Qualified Professional Asset Manager Exemption.
Crisis Response Management: Decoded
Experian Partner Solutions®
In an age of infinite information where a company’s reputation can be destroyed in as little as 140 characters, it may seem difficult to bounce back from a crisis, but it is possible. Businesses that are prepared for natural disasters or other incidents can protect themselves from serious financial losses, and keep their reputation and customer loyalty intact, if they have the right tools.
Download this e-book to explore
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Training

August 8 - 11
School: Risk Management School – Advanced
Hyatt Regency Reston | Reston, VA

August 8 - 12
School: Risk Management School – Foundational
Hyatt Regency Reston | Reston, VA

August 31
Webinar: #BanksNeverAskThat – Everything You Need to Know

September 28
Webinar: Domestic Terrorism: A Threat to the Financial System

October 2 - 4
Conference: ABA Annual Convention
JW Marriott Austin, Austin, TX

October 17 - 21
School: Compliance School – Advanced
Emory Conference Hotel | Atlanta, GA

October 19
Webinar: Regulatory Updates and Compliance Challenges

October 26
Webinar: The Evolution of Economic Sanctions

October 31 - November 16
Virtual School: Compliance School – Foundational