The Consumer Financial Protection Bureau and the Federal Reserve Board have jointly released their final ruling for amendments to Regulation CC. These include significant changes to adjust for inflation and will change the dollar amount of holds placed on customer deposits beginning July 1, 2020.
In addition, the agencies are implementing the EFA Act amendments made by the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA), to expand coverage to American Samoa, the Commonwealth of the Northern Mariana Islands, and Guam.
Are you ready? Join us for this special update program to discuss the latest amendments to Regulation CC.
WHAT YOU'LL LEARN
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Barbara Hudgins
Barbara Hudgins, AAP, APRP, Payments Education Specialist with ePayResources plans and creates relevant presentations and materials, organizes and delivers training classes, workshops, webinars, and other training services, that enable employees to improve their skills and knowledge. Her goal is to deliver training that excites and motivates participants to use new skills. Barbara has over 15 years of experience in the financial services industry in the areas of retail services and deposit operations. She is an Accredited ACH Professional (AAP) and an Accredited Payments Risk Professional (APRP).
Who Should Attend?
Operations personnel, branch personnel, compliance officers, ACH auditors
Credits: Live webinar approved for 1.5 NASBA credit hours (Management Services)
Certificates of Participation: BankersWEB certificates of participation are available to everyone completing this webinar.
