Affirmative Action Requirements for Financial Institutions as the 2020 Elections Loom

$299.00
Event ID:72451

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On-Demand (OD)     $299.00
Duration: 90 minutes including question and answer session.
Presenter(s): Dr. James Castagnera, attorney at law
Price:
$299.00 webinar or On-Demand. The On-Demand option may be viewed by an unlimited number of attendees in one room. On-Demand includes full audio presentation, question and answer session, and presentation slides.
Credits: Live webinar approved for 1.5 NASBA credit hours (Management Services).
Who Should Attend? HR, in-house counsel, chief financial officers, affirmative action officers, compliance officers, internal auditors

 

This webinar will cover the affirmative action compliance obligations that impact banks, including compliance obligations under Executive Order 11246 (affirmative action for women and minorities), Section 503 of the Rehabilitation Act of 1973 (affirmative action for individuals with disabilities), VEVRAA (affirmative action for protected veterans), and Executive Order 13672 (prohibiting discrimination on the basis of sexual orientation and gender identity). The webinar will drill down into the most recent developments and focus on the steps that financial institutions must take to meet their compliance obligations.

While the Trump Administration has provided some limited regulatory relief during its nearly three years in office, the Labor Department’s Office of Federal Contract Compliance Programs still insists that FDIC- and NCUA-insured financial institutions continue full compliance. In the agency’s own words, “Financial institutions with federal share and deposit insurance are considered to be government contractors within the meaning of the regulations implementing Executive Order 11246, … the Vietnam Era Veterans’ Readjustment Assistance Act of 1974 (VEVRAA), … 38 U.S.C. 4212 and Section 503 of the Rehabilitation Act of 1973 (Section 503). These three programs, enforced by the Office of Federal Contract Compliance Programs (OFCCP), require equal employment opportunity by government contractors.”

Please join Jim Castagenera as he covers the affirmative action compliance obligations that impact banks and credit unions, captures all the most recent developments, and focuses on the steps that your institution must take to meet these current compliance obligations. Emphasis is on the practical steps necessary to meet your legal obligations and avoid an OFCCP audit.

WHAT YOU'LL LEARN

Some of the questions that will be answered include:

  • Why are banks and credit unions subject to federal-contractor affirmative action obligations? What does this mean for you?
  • What are the general compliance obligations under Executive Order 11246, Section 503, VEVRAA, and Executive Order 13672?
  • How are compliance obligations different for banks and credit unions that have 50 or more employees?
  • What are the specific steps that a bank or credit union must take to comply with the new Section 503 and VEVRAA rules?
  • What are the risks of failing to comply with these affirmative action rules for federal contractors? Who does OFCCP audit ad why?

 

YOUR CONFERENCE LEADER

Your conference leader for “Affirmative Action Requirements for Financial Institutions as the 2020 Elections Loom” is Dr. James Castagnera. Jim Castagnera holds an M.A. in Journalism from Kent State University, and a J.D. and Ph.D. (American Studies) from Case Western Reserve University. He practiced law for 36 years, before retiring in June 2019: 10 years as a labor, employment and intellectual-property attorney with Saul Ewing Arnstein & Lehr; 3 years as general counsel for Wharton Econometric Forecasting Associates; 23 years as associate provost & legal counsel for academic affairs at Rider University.

Currently, he devotes his full-time to journalism and teaching. He is the president of K&C Human Resource Enterprises, a freelance-writing, training and consulting company in Greater Philadelphia; the chief consultant for Holland Media Services, LLC, a freelance-writing and communications company in Los Angeles; and, secretary/treasurer of LMC Conflict Training & Conciliation, a non-profit corporation also located in Greater Philadelphia.

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