UDAAP: Discussion on the Revised Examination Procedures
Duration : 60 Minutes
Justin Muscolino,
Justin Muscolino brings over 20 years of wide-ranging experience in compliance, training, and regulation in the financial services sector. Most recently, he served as Head of Compliance Training at Bank of China where he led the compliance training function and created and monitored the annual tra Read more
Examinations are occurring around the US and will continue to do so. Regulators want to know how you are containing risk. Recently, the CFPB revised its examination procedures for UDAAP.
The revised UDAAP examination procedures describe how the CFPB believes discrimination may meet the standard for unfairness, which is when an act or practice (i) causes or is likely to cause substantial injury to consumers, (ii) the injury is not reasonably avoidable by consumers and (iii) the injury is not outweighed by countervailing benefits to consumers or to competition.
With the ever changing regulatory landscape for financial institutions, rules & regulations that address UDAAP are important to understand, but also what regulators look for during examinations.
Why Should You Attend:
During this webinar, we will discuss the background and overview of UDAAP, go over the current regulatory environment and discuss the new revisions.
Course Outline:
• Overview and background of UDAAP
• Current regulatory environment
• Changes to the examination procedures
• Identify steps to avoid UDAAP violations.
• Future changes
• Takeaways
What You Get:
• Training Materials
• Live Q&A Session with our Expert
• Participation Certificate
• Access to Signup Community (Optional)
• Reward Points
Who Will Benefit:
• Anyone in the following functions:
o Compliance (Regulatory Affairs, front office, marketing)
o Legal
o Risk Management
Please reach us at 1-888-844-8963 for any further assistance or if you wish to register
100% MONEY BACK GUARANTEED
Refund / Cancellation policyGet In Touch
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LIVE : Scheduled on
09-January-2025 :03:00 PM EST
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