BankNewswatch

Compliance for Commercial Lenders

Tuesday, November 17th, 2020 10:00 am - 12:00 pm CT

A BankWebinars.com Program

Click Here to register for live program $265

Click Here to register for live program and recording $395*

What?
Many examiners find the commercial lending area is fertile for compliance violations because some commercial lenders believe that compliance regulations don't apply to the commercial loans. Those lenders are the ones that most need this program, but they are unlikely to attend because of their mistaken belief that compliance doesn't impact them. So we are satisfied to present this program to commercial lenders who realize compliance does impact their department and stand ready to master the latest developments in the area.

Many examiners find the commercial lending area is fertile for compliance violations because some commercial lenders believe that compliance regulations don't apply to the commercial loans. Those lenders are the ones that most need this program, but they are unlikely to attend because of their mistaken belief that compliance doesn't impact them. So we are satisfied to present this program to commercial lenders who realize compliance does impact their department and stand ready to master the latest developments in the area.

All of the regulations reviewed in a compliance examination cover consumer lending, but many of those regulations also impact commercial lending. Determining exactly which requirements impact commercial loans is a challenge. We are pleased to present this program to help commercial lenders understand which compliance requirements impact their department.

This two-hour program identifies the major compliance regulations that apply to commercial transactions and reviews particular issues from each of those regulations that cause problems for commercial lenders.

Why?
Many examiners find the commercial lending area is fertile for compliance violations because of confusion regarding which requirements apply to commercial loans. Those violations may result in penalties or expensive litigation. This program:

  • Identifies problem areas;
  • Provides suggestions for avoiding and curing the problems; and
  • Covers training and auditing concerns.

What You Will Learn

  • Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) Provisions - Filing CTRs, CTR exemptions, and OFAC;
  • USA PATRIOT Act - Customer Information Program (CIP), Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), and Beneficial Ownership;
  • Suspicious Activity Reporting (SAR) Provisions;
  • Unlawful Internet Gambling Enforcement Act (UIGEA) - Regulation GG;
  • Equal Credit Opportunity Act (ECOA) - Regulation B - Discrimination prohibition, appraisal rules, application disclosures, spousal signature rules, intent to be a joint applicant, and adverse action notice requirements;
  • Fair Housing Act (FHA) - Discrimination prohibition;
  • Home Mortgage Loan Disclosure Act (HMDA) - Regulation C - Data collection and reporting requirements and revisions to Regulation C;
  • Flood Disaster Protection Act (FDPA) - Required disclosures and insurance requirements, and recent changes;
  • Fair Credit Reporting Act (FCRA & FRB) - Regulations V - Requesting and using credit bureau reports, identity theft provisions and adverse action notice requirements;
  • Truth in Lending Act/Regulation Z - Coverage rules, restrictions and required disclosures, Special rules (1026.12(a) and (b)) for business-purpose credit cards;
  • Real Estate Settlement Procedures Act/Regulation X - Coverage rules, restrictions and required disclosures;
  • Real Estate Appraisal Interagency Guidance;
  • Servicemember Civil Relief Act (SCRA);
  • Military Lending Act;
  • Insider Credit - Regulation O;
  • Securities Lending - Regulation U;
  • Right to Financial Privacy Act (RFPA) and Regulation S (Reimbursement for partnerships with 5 or fewer partners);
  • Community Reinvestment Act (CRA) - Regulation BB - Data collection and reporting requirements;
  • Bank Bribery Act Implications;
  • Unfair, Deceptive or Abusive Acts or Practices;
  • Americans with Disabilities Act; and
  • Other rules and regulations that impact commercial loans.

Faculty

Jack Holzknecht and Robin Cooper

Jack Holzknecht is the CEO of Compliance Resource, LLC. He has been delivering the word on lending compliance for 44 years. In 39 years as a trainer over 145,000 bankers (and many examiners) have participated in Jack’s live seminars and webinars. 

Robin Cooper, CRCM is the Director of Compliance for Compliance Resource, LLC, a source of compliance assistance for financial institutions.



 

* Registration Plus Recording: Includes the live session (one connection, unlimited attendees), CD ROM, (shipped 7-10 business days after live session), unlimited access to OnDemand Playback and links to presenter materials and supplementary handouts for 6 months after live session.