Bank Webinar: What is UDAAP Really?

SKU: 23224

Your Price $249.00

June 17, 2024 | 3:00 PM – 4:00 PM EST
Federal examiners often label objectionable practices under the Unfair, Deceptive, and Abusive Acts and Practices (UDAAP) umbrella instead of revising regulations, leading to “examiner discretion” that can impact your bank. Our webinar will demystify UDAAP, providing you with the clarity and understanding necessary to ensure compliance and mitigate risks.

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Description

Description

Description

Understand UDAAP Compliance: Expert-Led Training

Join us on June 17th for an insightful live webinar on UDAAP compliance. This session is essential for banking professionals who want to understand and navigate the complexities of regulatory compliance and avoid the pitfalls of examiner discretion. This comprehensive webinar will cover Unfair, Deceptive, and Abusive Acts and Practices (UDAAP) to ensure your bank’s practices remain compliant and regulatory concerns are effectively addressed.

Why UDAAP Compliance Matters

UDAAP regulations are critical for maintaining fair banking practices and protecting consumers. However, the broad and often ambiguous nature of these regulations can lead to significant challenges for compliance professionals. Examiners may use their discretion to classify practices as UDAAP violations, creating uncertainty and potential risks for banks.

UDAAP Compliance for Community Banks: Webinar Highlights

Join us for this webinar and gain insights into these key learning objectives:

  • Understand UDAAP Fundamentals:
    Gain a comprehensive understanding of Unfair, Deceptive, and Abusive Acts and Practices and their definitions.
  • Identify UDAAP Risks:
    Learn how to identify potential UDAAP risks within your bank’s operations and understand the impact of examiner discretion.
  • Implement Compliance Strategies:
    Discover effective strategies to ensure your bank’s practices comply with UDAAP regulations.

Meet the Presenter: Bill Elliott, CRCM, Director of Compliance Education

Bill Elliott, a seasoned compliance expert with over 45 years of experience in banking, will lead the webinar. As the Director of Compliance Education at Young & Associates, Bill has a wealth of knowledge in regulatory compliance and has helped numerous banks navigate complex regulations. His extensive background includes roles as a compliance officer, CRA officer, and senior consultant, making him uniquely qualified to provide this essential training..

Webinar Details

When?

Date: Monday, June 17, 2024
Time: 3:00 PM EST
Unable to join the live webinar? Inquire about purchasing the recording. 

Who Should Attend?

This webinar is ideal for all banking professionals responsible for regulatory compliance, including:

  • Compliance Officers
  • Bank Executives
  • Managers
  • Risk Management Professionals
  • Internal Auditors
  • Legal Advisors
  • Training and Development Managers

Are you registering as a group? Individuals should be registered separately. For assistance with group registrations, please contact Karen Hevesi at [email protected] or 330-422-3479.

What’s Included?

Participants will gain access to:

  • A live virtual webinar session breaking down the fundamentals of UDAAP
  • Valuable resources including the presentation and a UDAAP compliance manual
  • A certificate of completion

Hosted by Young & Associates, Inc.

Young & Associates is a national leader in financial institution consulting, outsourcing, and education. We provide trusted expertise you need to manage risk, stay compliant, and position for growth and profitability. Find out more about Young & Associates.

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