CU2209. Hot Topics in Regulatory Compliance

This year has been harder than most to predict upcoming regulatory changes and examiner areas of focus. While credit unions can anticipate some changes and emphasis in areas such as Bank Secrecy Act, fair lending and UDAAP, other areas like fees are transforming in surprising ways. Please join Doeren Mayhew’s John Zasada as he explores why and how the CFPB’s focus has pivoted, and in turn regulators like the NCUA have followed suit. Additionally, he will discuss evolving areas like websites, overdrafts, the CFPB and more.

Learning Objectives:

• Indicate areas of examiner focus and regulatory changes on the horizon, and their impact on your credit union.
• Identify ways to prioritize regulatory compliance risks.
• Distinguish best practices for developing an ongoing regulatory compliance strategy.
• Recognize and gain knowledge on today’s evolving regulatory areas.