This recorded event is available until January 9, 2014.
This webinar covers two topics. Shawn Wolbert and Tom Leduc will discuss the regulatory requirements of business lending and identity theft.
This event is produced by the CUNA Center for Professional Development and endorsed by the CUNA Lending Council.
Compliance & Business Lending - The Climb Beyond Regulatory Burdens
Business lending is a difficult task, and when you throw regulatory compliance into the mix it can appear to be an insurmountable mountain. This one hour breakout session will review the compliance issues that affect business lending to give you the tools, information and knowledge to conquer the mountain - because every conquered peak brings us closer to the stars.
During this session, you will:
- Get an overview of federal regulations that govern business lending and protect the security and safety of credit unions
- Understand and demonstrate the importance of a Business Lending Policy
- Discover the restrictions and limits on member business lending
- Review NCUA Part 723 so you can ensure that your business lending program is in compliance
Red Flags & Lending
Among the numerous compliance issues created by the FACT Act, federal regulations now require that all financial institutions and their affiliates create an identity theft prevention program, designed to detect, prevent and mitigate identity theft in connection with originating, processing, underwriting and closing mortgage loans and other types of consumer credit. Tom Leduc will lead this breakout session through a discussion about the regulatory requirements surrounding Red Flags.
During this session, you will explore these topics:
- Identity Theft Prevention Program requirements
- Detecting Red Flags; Mitigating the Risk if Identity Theft
- The interplay between BSA compliance and Identity Theft Risk Mitigation
- The importance of service provider oversight
This webinar is part of CUNA Lending Compliance eSchool, which starts June 11, 2013.
Who Should Attend
This webinar is beneficial for credit union compliance staff, lending managers and CEOs interested in an in-depth look at the regulations that affect lending operations of all loan disciplines - consumer, mortgage, member business and indirect. Affiliation with CUNA/League is required for attendance