Topics Include Bank Secrecy Act, Regulation E, Equal Credit Opportunity Act
ALEXANDRIA, Va. (April 6, 2016) – Credit unions can get an in-depth review of the latest requirements for compliance with the Bank Secrecy Act and other federal regulations on a webinar hosted by the National Credit Union Administration on Wednesday, April 27.
The webinar, "Hot Topics in Compliance," will begin at 2 p.m. Eastern and run approximately 90 minutes, including a 30-minute question-and-answer session. There is no charge.
Vanessa Lowe, economic development specialist with NCUA's Office of Small Credit Union Initiatives, will moderate a panel that includes Judy Graham, NCUA program officer; Galynn Wilkins, consumer compliance and outreach analyst with NCUA's Office of Consumer Protection; and Andre Lucas, director of compliance with the Maryland and District of Columbia Credit Union Association. Our panel will discuss various compliance subjects, including:
- An overview of the Bank Secrecy Act, with discussion of requirements and common violations;
- Monitoring of money laundering;
- Suspicious Activity Reports;
- Equal Credit Opportunity Act adverse action notice requirements; and
- Office of Consumer Protection contact information.
Online registration is available here. Participants will also use this link to log into the webinar, and they should allow pop-ups from this website. Participants may submit questions in advance at WebinarQuestions@ncua.gov. The subject line of the email should read, "Hot Topics In Compliance." Participants with technical questions about accessing the webinar may email firstname.lastname@example.org. This webinar will be closed captioned and then archived online here approximately three weeks following the live event.
NCUA's Office of Small Credit Union Initiatives fosters credit union development and the effective delivery of financial services for small credit unions, new credit unions, minority depository institutions and credit unions with a low-income designation.