Description
Your financial institution will be subject to an increasing number of critical compliance deadlines. Failure to meet these deadlines may put you at substantial risk of penalties and fines.
Background
This timely webinar will explore lessons learned, both successes and failures, and apply them in today's post-Dodd Frank Act environment. The skills and strategies learned in this session will be helpful in avoiding regulatory enforcement actions, civil money penalties and the recent trend in deferred prosecution agreements related to compliance failures.
Agenda
• appropriate structure for the compliance/risk management function
• proper corporate governance to keep the Board and management informed on a regular basis
• the importance of independence in the compliance function
• accountability for everyone in the enterprise
• common sense in approaching today's complex compliance issues
Benefits
The presenter will also discuss practical approaches to difficult situations that compliance officers frequently face, such as learning:
• responding to difficult members of management who say things like "tell me where it says we cannot do that"
• utilizing strategies for developing a strong relationship with examiners at the beginning of the examination
• documentation techniques for action plans to address examination observations and matters requiring Board attention
• leveraging existing personnel in the bank to implement new regulatory requirements into the appropriate lines of business subject to the rules and/or guidance
Who Should Attend
This session should be attended by people at banks and their holding companies with the following responsibilities:
• Compliance and Ethics
• Risk Management
• Internal Audit
• External Audit
• Examination Management
• Compensation
• Senior Bank Management
• Board Members