The FDCPA is a federal act that provides consumers with information about debt collection. Third-party debt collectors have to abide by the regulations.
Learning Objectives:-
Why Should You Attend?
In our world, regulations keep changing and we need to be able to adapt to them. It's really important for us to connect rules & regulations to roles in our organization. We are going to take a project management approach to recent rules & regulations and show how we need to act in order to effectively implement them
Keeping up with the ever-changing regulatory environment can be challenging. We must keep up to date on any changes that impact our financial institution and specifically, our roles. Working within a highly regulated industry sometimes requires us to know what is coming from more than one regulator.
In our current environment, Regulators have become more focused than ever on ensuring financial institutions are operating with the consumer in mind.
With this in mind, it is extremely important for financial institutions to increase their oversight efforts. A lack of compliance can result in increased risk exposure for financial institutions trying to protect their consumers. This training is geared towards anyone working in the area of compliance or individuals who work with Compliance.
What do we do?
There are a number of ways to keep up with the changes which we will discuss during this training. This training is one of them! It will focus on recent rules & regulations from the CFPB, OCC, NCUA, Nacha, and more that have been released since the last quarter. We will also go over upcoming regulations in order to prepare ourselves for what will be released at a later time.
Who will Benefit?