Welcome to the Compliance Cohort. We are a group of compliance professionals working to make compliance easier. Our goal is to take complex compliance concepts and put them in simple terms that apply to the real world. We are glad you have found us and look forward to collaborating in the future.
If you haven't done so already, make sure you sign up for our free membership where you get access to many member-only videos, articles, and other resources.
While financial institutions often utilize internal resources (i.e. people) to monitor for regulatory changes, this isn’t usually cost effective when you add up the amount of time necessary to monitor - and understand - the change taking place, let alone determine if the changes apply to the organization. Doing this can take hours upon hours upon hours, and it is still easy to miss something that falls through the cracks. For that reason, we have created a Quarterly Compliance Update program that is designed to provide a quick and easy way to stay informed of the regulatory compliance activity that took place in the prior quarter. Basically, our programs provide an option for you to “outsource” the gathering of regulatory changes so that you can both quickly stay current on regulatory compliance changes while also being able to focus your efforts on creating an action plan to implement needed changes in your organization. In other words, our training sort of gives you the “executive summary” of compliance changes so that you can spend your already limited time on working to make the needed changes in your financial institution.
Our Winter 2023 Quarterly Compliance Update is designed to provide compliance professionals with the “need to know” information about what compliance activity took place during the months of October, November & December of 2022 (see below for an outline of course topics and be sure to watch the overview video below to see what is included in the program). This quarter’s program is again packed with a ton of information, and provides attendees a great option to make sure that nothing slips through the cracks.
For each quarterly update class, we focus on a different featured topic for Part II of our program. This time, we are discussing hot topics in fair lending. This featured topic is sort of like a “program within the program” as this section contains three training videos and runs right around an hour an a half - just for our discussion on fair lending. (In fact, we are offering this section as a stand-alone class for those who want to focus only on fair lending. Check it out in our store here.) Fair lending, of course, is one of the hottest topics in regulatory compliance and we spend a good amount of time on two of the hottest topics in fair lending: redlining and the new trend of appraisal bias. As we cover so many nuances of fair lending in this section of our program, attendees are sure to walk away with a todo list of actionable items they can use to help manage and reduce the risk of fair lending violations in their organizations.
While specifically designed for Compliance Officers and Risk Managers who have the responsibility of keeping up with new rules and regulation changes, this program would be beneficial for anyone with compliance or risk management responsibilities in a financial institution who needs to stay current with changes in the compliance world. For example, this program could be shared with compliance assistants, management, or a Compliance Council/Committee to keep them apprised of current activities and enhancing the organization’s overall compliance management system. In addition, auditors who have the responsibility of reviewing compliance areas would also greatly benefit from this program.
4.75 CRCM, CERP, 1.25 CAFP credits. ABA Professional Certifications is dedicated to promoting the highest standards of performance and ethics within the financial services industry. The Winter 2023 Quarterly Compliance Update has been approved for 4.75 CRCM, CERP, 1.25 CAFP credits. This statement is not an endorsement of this program or its sponsor. Certification holders must report these credits at aba.csod.com.
Regular Price: $399
PREMIUM MEMBERSHIP: For those interested in purchasing all four Quarterly Compliance Updates, our Premium Memberships offer a bundled rate - along with additional training and member benefits. You can view our premium membership options by clicking here. (NOTE: Premium members can automatically access this program through the class login option on our site, and by choosing the Winter 2023 Quarterly Compliance Update from the list of classes.)
PREVIEW BEFORE YOU BUY? If you would like to demo this class before you purchase it to make sure it's what you are looking for, just let us know and we can work something out.
The class will be presented in multiple videos and covers the following topics from the prior quarter. Due to time constraints of the program and perceived applicability to attendees, some topics will be reviewed in greater details than others.
The total teaching time of this program is 3 hours and 55 minutes.
The content of this program will include :
Misc Agency Activity
Video 1 - October 2022 Updates
Introduction
FFIEC Updates Cybersecurity Resource Guide
FRB Issues Final Rule on Debit Card Transactions
CFPB Issues Order Against Choice Money for Remittance Violations
OCC’s 2023 Bank Supervision Operating Plan
CFPB Reminds of the Reconsideration of Value Process
..And more!
Video 2 - November 2022 Updates
FTC Proposes Rule on Junk Fees
CFPB Issues Guidance on Consumer Reporting Disputes
CFPB Publishes Complaint Bulletin Regarding Crypto-Assets
OCC’s Senior Deputy Comptroller Highlights Fair Lending Efforts
CFPB Releases Supervisory Highlights For Early 2022
..And more!
Video 3 - December 2022 Updates
CFPB Takes Action Against Loan Doctor for Offering Fake High-Yield Bank Accounts
FRB Requests Comments on Climate-Related Financial Risk Management for Large Banks
CFPB Ruled on HMDA Closed-End Loan Reporting Threshold
OCC Fall 2022 Semiannual Risk Perspective
CFPB Amends Closed-End Mortgage Loans Threshold
..And more!
Fair Lending Hot Topics
Appraisal Bias
Redlining
Digital Redlining
Gender Discrimination
Special Purpose Credit Programs
Miscellaneous Fair Lending Topics
BSA/AML
FinCEN and OFAC Take Action Against Bittrex, Inc.
Das Discusses BOI Reporting Rule
FinCEN Renews and Expands Real Estate Geographic Targeting Orders
FATF Updates List of Deficient Countries
FinCEN Reports Increase in Ransomware Reporting
..And more!
CRA & HMDA
CRA
Agencies Release CRA Ratings
Agencies Release List of Planned CRA Exams
FFIEC Publishes 2021 CRA Data
Agencies Release CRA Asset-Size Thresholds for 2023
HMDA
2023 HMDA Exemption Threshold
““I like the way the videos are broken down into reasonable sections of the overall course. It makes it easy to view and return for next sessions/videos.””
““The videos are very informative, Adam is a great teacher and funny too, and the manuals are awesome!””
““The information is always something that is usable. I have found that I have learned something new almost every time. They are more enjoyable than sitting in a classroom and more cost effective because you do not have to drive somewhere for the training.””
““This is a great reliable resource, not your typical hum drum boring compliance training. Adam finds a way to make it engaging!””
““Adam does a great job of conveying the quarterly changes and activity in his quarterly updates. Great information and the material is available for printing and future use.””
““The presentation method was great and the comprehensive manual that came with the class was a good add on!””
This Compliance Class can be completed without leaving your office and provides you with everything you need to know about what compliance related activity took place during the prior quarter.
The class includes the following:
A comprehensive manual
A “virtual classroom” instructional video
60-day access to the class
Certificate of completion (1 per registration - available upon request)
All of our Compliance Classes are presented in our virtual classroom approach. This approach is designed to bring the presenter to you (at a fraction of the cost of having a live person) and includes a video of the presenter in front of a slide presentation that replicates a typical seminar environment. In addition, our presenters take a three-part approach to compliance instruction: to educate, to empower, and to entertain. This is achieved by focusing on relevant topics, speaking in simple to understand, layman's terms, and by keeping it light and humorous whenever possible. We have found that this "3-E" approach allow students to learn as quickly and effectively as possible. And, it adds a little bit of fun to an otherwise dreadful topic.
Certificates of completion are available upon request. One certificate is available per registration.
When you purchase this compliance class, you get instant access to the online version of this class for 60 days. You will also receive an electronic version of the accompanying manual to keep.
We believe in our training products so much that we are offering a 100% money back guarantee. If you do not feel that you received the value promised for this training session, contact us within the first 10 business days after purchase and we will either make things right or provide 100% of the purchase price back to you.
