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Virtual Reg School continues with sessions on Truth in Savings, Reg E
NAFCU's Virtual Regulatory Compliance School continues today, with sessions on a number of hot-topic items, including Truth in Savings, Regulation E, and more. To ensure credit union professionals would have access to NAFCU's top-rated educational conferences during the coronavirus pandemic, the association reimagined this event, resulting in an all new digital format.
Here's a look at today's sessions:
Truth in Savings: During this session, Tim Oppelt, partner at Styskal, Wiese and Melchione, LLP will highlight general disclosure requirements and break down advertising and overdraft protection disclosures under the rule.
Regulations E: NAFCU Senior Regulatory Compliance Counsel Jennifer Aguilar will discuss disclosure requirements, error resolution, prepaid accounts and overdraft protection opt-in process.
E-Sign: Following an extended break where speakers from the morning sessions will answer questions live, NAFCU Regulatory Compliance Counsel David Park will provide an overview of electronic disclosures, opt-in requirements, and electronic consent.
Regulation CC: NAFCU Senior Counsel for Research and Policy Andrew Morris will go over the basics of Regulation CC, including funds availability requirements, disclosure requirements, and extended holds.
Privacy: During this session, Senior Regulatory Counsel Elizabeth LaBerge will break down Regulation P, affiliate marketing, and the right to financial privacy.
Today's sessions will conclude in a study hall for those working to earn the NAFCU Certified Compliance Officer (NCCO) designation, where NAFCU Vice President of Compliance Brandy Bruyere will wrap-up the day's sessions before attendees gather into mini study groups.
Additionally, those taking the NCCO exams will have the opportunity to take the first exam.
Virtual Regulatory Compliance School is happening over the course of two weeks to give compliance professionals the ability to build their comprehensive understanding of regulations that impact daily operations while still performing job and home responsibilities. See the full agenda here.
Stay tuned to NAFCU Today for session coverage and follow along using the hashtag #ComplianceSchool on Twitter for updates.