Whether you are a full-time compliance officer or an internal auditor, or if compliance is one of your many hats, this conference will help you identify and manage cutting-edge issues that are central to a successful compliance or audit program.
Recent Developments in Illinois and Federal Banking Law
Carly Berard, Associate General Counsel, Illinois Bankers Association
Fresh challenges await us in the Illinois Community Reinvestment Act’s proposed rules, bank record retention rewrite, legal notices to bank customers, and upcoming notary requirements. Major federal changes include the proposed Community Reinvestment Act rules, guidance on NSF fees for representments, HMDA updates, and other major developments. We’ll provide in-depth analyses and review history and context, helping you communicate these changes to business lines and senior management.
Preparing for the Small Business Lending Data Collection Final Rule
Kathleen O. Blanchard, President, Key Compliance Services, LLC
This timely session will provide an update on the recently-released final rule implementing Section 1071 small business loan reporting in Regulation B. We’ll explore the entire rule, from covered institutions to excluded transactions, covered loans and required data points, how the HMDA exclusion works for both HMDA reporters and non-reporters, as well as reporting of loans secured by non-HMDA dwellings, anticipated changes to CRA reporting, tiered effective dates, and more!
The Ever-Changing World of “Junk Fees” — NSF Fees, Overdrafts, and More!
Melissa Blaser, Partner, Wipfli LLP
As banks struggle to respond to the CFPB’s growing list of junk fees, this session will help you navigate this new world. From overdraft fees and non-sufficient funds fees to late fees, this session will discuss the types of fees the CFPB has deemed to be junk fees, why certain charges are considered junk fees, and how to review your fee schedule for other fees that may put you at risk. This session will cover where we are as well as where we’re headed in this new world of junk fees.
Navigating Fair Lending Issues
Dr. Ling Ling Ang, Director, NERA Economic Consulting and
John Geiringer, Partner, Barack Ferrazzano Kirschbaum & Nagelberg LLP
New fair lending initiatives by both the bank regulators and the Department of Justice should encourage banks to reconsider their approach to this sensitive issue. In this session, we will discuss key takeaways from real-life fair lending situations — including those related to non-mortgage products. They will address evolving supervisory expectations, and the regulatory and econometric tools that can help mitigate the risk of enforcement actions and other adverse outcomes.
Flood Insurance: Compliance Issues and Enforcement Topics, Including New Q&As
Carl Pry, Senior Advisor, Treliant, LLC
Compliance with the flood insurance regulations should be easy — determine where the property is, and if it's in a flood zone, require insurance. Simple, right? Why then are there so many violations and penalties? The answer, of course, is that this seemingly simple issue has many complexities. In this session we’ll address the latest changes in monitoring, contents coverage, private polices, amount of coverage, force placement, and the updated Interagency Questions and Answers.
Continuing Education for Registered Attendees
MCLE for Illinois Attorneys 4.50 credit hours (Recorded Technology)
CPE for Illinois Public Accountants - up to 5.25 credit hours
ABA Professional Certifications - 5.5 CRCM, 4.5 CERP credits
One Fee, Unlimited Attendees (per organization)
Upon payment, the registrant will receive an e-confirmation with a sample message, registration link, and promo code to share with their staff.