Stop by Daily for What's Hot Right Now in Compliance & Risk for Credit Unions & Banks
The Fed has issued an enforcement order with Agricultural Bank of China and its New York branch for what it calls "significant deficiencies" in its anti-money laundering compliance. The bank has 60 days to submit its plan to fix things. It's order includes a 6-month look-back project initially, with the possibility of additional time periods based on what is found in the initial time period. [9/30/16]
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