Stop by Daily for What's Hot Right Now in Compliance & Risk for Credit Unions & Banks
With an increase of over 237% in the past 10 years, employee lawsuits for violations of the Fair Labor Standards Act continue to rise and pose an increasing risk to employers. Two reasons are cited for the increase: the tightening of the federal standards for class certifications has resulted in more individual and multi-plaintiff lawsuits, and an increased focus on wage and hours laws and the availability of overtime pay. [6/2]
Complaints: Why you shouldn’t shun them, but invite them! In this era of exploding complaint volume, this certificated webinar (see instructions in video for how to get your free certificate of completion) takes a look at the risks, evolution, and need for a management strategy to effectively deal with complaints. Before that, we cover what’s hot in compliance, as seen by the editors of Risk InboX. This week’s hot items: 1) HUD cancels Obama era Fair Housing rule; 2) “HMDA” for boards and management; and 3) CFPB has added a new dimension to its complaint database. Click here to watch now.
What makes the patented AffirmX Risk Intel Platform different than anything else out there? Take the next 3 minutes to see what this revolutionary tool can do for your financial institution. Watch Video