Gain
a better understanding of safe deposit box regulatory compliance and
learn how to successfully navigate unique risks and challenges
involving your customers’ safe deposit boxes.
This topic is beneficial for all bank personnel and attorneys representing banks as it will provide an insight to understanding the relationship between a customer and the bank; the impact of that relationship; the duties of each party to the contract; and the guideline as to what to do if there is a safe deposit box loss as the result of a criminal event or a catastrophic event.
Understanding the relationship, the duties of each party to the relationship, and the risk management in the event something unexpected occurs, is vital for anyone associated with a bank including their branch personnel, lawyers, auditors, and officers.
Learning Objectives:
- You will be able to review the contract.
- You will be able to discuss loss prevention.
- You will be able to identify risk management, investigation and claim resolution.
- You will be able to describe the perils that cause safe deposit losses.
This Live Webinar Covers These Hot Issues:
The Contract
- A Bailment?
- Landlord/Tenant or Lessor/Lessee?
- Legal Liability to Customers
- Allowable Items in Safe Deposit Box – Practical Controls
- Insurance
- The Banks Insurance
- The Customer's Insurance
- Break-Open Procedures
- What Circumstances?
- Procedures to Follow
- Security
- Alarm System
- Vault
- Education and Training
- Perils That Cause Safe Deposit Losses
- Insurance Coverage and Response
- Investigation
- Claim and Settlement Process
Credit Information (Sponsored by Lorman Education Services)
- CLE
- CPE
- NASBA
For Detailed Credit Information page
click here
Only registered attendee will receive continuing education credit.
Faculty
Joseph A. Oliva, Goldberg Segalla LLP
- Partner with Goldberg Segalla LLP
- Concentrates practice on civil and commercial litigation, insurance coverage analysis, and insurance coverage litigation
- Significant experience in all areas of financial institution coverage investigations and litigation involving fraud, social engineering, employee dishonesty, directors and officers liability, safe deposit box loss, embezzlement, Ponzi schemes, check kiting, ERISA fraud, and mortgage fraud matters
- Extensive experience includes conducting and supervising the investigation and coverage analysis of catastrophic safe deposit box losses for underwriters of major financial institutions resulting from a rash of burglaries in the New York City area and across the country, the destruction of the World Trade Center following the terrorist attack of September 11, the devastation of Hurricane Katrina, and Superstorm Sandy
- Received the highest rating with Martindale-Hubbell Law Directory
- Can be contacted at joliva@goldbergsegalla.com or 646-292-8734
(Not available outside the US)