This compliance audio conference will address various current hot compliance topics and give you a heads up on pending regulation.

Topics to be covered include:

• Get ready to comply with the Internet gambling regulations, effective December 1 — commonly asked questions.
• Understand what changes have to be made in your overdraft programs by year-end (Truth in Savings regulations effective January 1), and get an update on what's happening with the Fed's Regulation E proposal on charging fees on ATM and one-time debit card overdrafts.
• Get a quick review of HUD's amended Real Estate Settlement Procedures Act regulation, effective January 1, and the agency's recently issued "Frequently Asked Questions" on RESPA.
• Get an update on recently issued CTR Exemption FAQs.
• Prepare for the new Regulation Z open-end lending provisions, effective next July -- four things your credit union should be doing now.
• Hear where things stand with the implementation of the Credit Card Act provisions scheduled to go into effect on Feb. 22, 2010 — proposed regulations, Congressional concerns, etc.

Quick status updates on:

• Implementation of the SAFE Act's Nationwide Mortgage Licensing System and Registry.
• Fed's Regulation Z proposal on closed-end mortgage lending and HELOC rules.
• FinCEN's plan to issue a proposal to apply BSA to store value cards.
• FACTA rulemaking on risk-based pricing.

CUNA archived events enable staff to pick up new skills and keep up with daily responsibilities. Hearing the archived audio conference will enable you to hear a presentation, questions of the instructor, and refer to handouts. You need only a computer with an Internet connection and speakers. The archived event is made available within 48 hours of the live event. Please note: The same username and password you use to register will be used to access your archived event.

This audio was offered live on
October 7, 2009

Access this archived audio

This audio is beneficial for CU compliance professionals, league compliance professionals, management, directors/volunteers, or anyone interested in the topic.

Affiliation with CUNA/League is required for attendance.

Kathleen Thompson

Kathleen is senior vice president and associate general counsel for the Credit Union National Association. For almost 30 years, she has represented credit unions before the National Credit Union Administration, the Federal Reserve Board, the Treasury Department, the Federal Trade Commission, and other federal agencies. She is currently focusing her efforts on increasing CUNA's compliance information to leagues and credit unions, and on providing assistance in the drafting of legislation and the preparation of testimony for Congress. Kathleen appears regularly before credit union groups to discuss current congressional and regulatory events and to present compliance seminars.

Valerie Moss

Valerie is director of compliance information for CUNA Regulatory Affairs in the Washington, DC office. Valerie works closely with CUNA’s Publications and Web Services Departments to deliver useful and accurate compliance information in a user-friendly format to CUNA’s members. She is the editor of both Credit Union Magazine’s Compliance Matters and CUNA’s e-Guide to Federal Laws and Regulations.

Nichole Seabron

Nichole is federal compliance counsel for CUNA Regulatory Affairs in the Washington, DC office. In this position, Nichole is responsible for maintaining CUNA’s “e-Guide to Federal Laws and Regulations” and responding to credit union compliance inquiries. She is responsible for editing and contributing to CUNA’s monthly “Compliance Challenge”, the online compliance newsletter presented in a Q&A format. Nichole has close to ten years of financial services experience (including three years with Navy Federal Credit Union) in areas such as Asset Management, Bankcard and Retail Banking.

Michael McLain

Michael is assistant general counsel and senior compliance counsel at CUNA in Madison, Wisconsin. He works with CUNA Center for Professional Development to ensure its products and services are in compliance with and accurately portray federal regulations affecting credit unions. He also answers compliance questions from state credit union leagues and credit unions. Michael is a regular contributor of compliance related articles to Credit Union Magazine. Prior to joining CUNA’s legal department, Michael served for approximately 10 years as vice president and corporate counsel to a $300 million credit union in northeast Ohio and for nearly two years as vice president and corporate counsel to a $500 million credit union in central Pennsylvania.

The last day for cancellations was September 29, 2009. Substitutions are accepted anytime prior to the start of the program at no additional cost. Simply fax event and contact information, listing the new participant and who they will be replacing. Cancellation fees do not apply for free or complimentary programs.