Regulatory Compliance updates coming to Birmingham and Tallahassee
08/27/2013 05:07 pm
Credit unions have an opportunity to get an update on a wide spectrum of compliance issues for this year. The Consumer Financial Protection Bureau (CFPB) has a mandate to dramatically change consumer lending. Much of a typical credit union’s lending forms will need to be changed. Find out which ones and learn about what is happening to Regulation Z.
There will also be discussions on how open-end lending has changed, as well as how to avoid discrimination cases as the Justice Department seeks to sue more financial institutions for fair lending violations. The sessions will include the in’s and outs of commercial lending and what may happen to the existing rules on member business loans in the future.
Topics to be covered include:
The CFPB: what it is, what it’s doing and 2013 deadlines
Truth in Lending update
Multi-featured open-end lending
Fair Lending under the Equal Credit Opportunity Act