Governance and Regulatory Issues for Bank Directors and Officers
1 hour 30 minutes
Gain insight into a state-of-the-art compliance system for financial institutions.
Today being a board member or senior officer at a financial institution is fraught with many different pressures. The need to maintain effective compliance with limited resources while products and services are changing in the banking industry presents a challenge. The growing number of financial technology firms has put pressure on financial institutions to develop new products and services. This topic is intended to define a state-of-the-art compliance system for financial institutions. We will discuss the fundamentals for compliance as well as ways to balance limited resources with effective outcomes. This information will be critical to board members and officers as they develop plans for the future.
• You will be able to discuss the current status of the regulatory expectations for the Board and officers. There are basic components a good compliance system must have.
• You will be able to explain what makes internal controls effective; including determining the proper level of resources and how the compliance program can ultimately protect against enforcement actions.
• You will be able to identify current emphasis of the regulators and the trends that will impact the need for resources and development in the near term.
• You will be able to review the compliance program and determine whether it is effective for your institution.
To register for this live webinar please dial 1-866-411-6211.