Welcome to the Compliance Cohort. We are a group of compliance professionals working to make compliance easier. Our goal is to take complex compliance concepts and put them in simple terms that apply to the real world. We are glad you have found us and look forward to collaborating in the future.
If you haven't done so already, make sure you sign up for our free membership where you get access to many member-only videos, articles, and other resources.
Normally, regulatory activity takes place on almost a weekly basis. In today’s environment, however, regulatory activity has been taking place on an almost daily basis.
This means that financial institutions must spend great efforts keeping up with these changes, or they risk something falling through the cracks. While financial institutions utilize internal resources to do all of the monitoring of regulatory changes, this isn’t usually cost effective when you add up the amount of time necessary to monitor - and understand - the change taking place, let alone determine if the changes apply to the organization. For that reason, we have created a Quarterly Compliance Update program that is designed to provide a quick and easy way to stay informed of the regulatory compliance activity that took place in the prior quarter.
The Winter 2021 Quarterly Compliance Update is designed to provide compliance professionals with the “need to know” information about what compliance activity took place during the months of October, November, & December of 2020 (see below for an outline of course topics).
While specifically designed for Compliance Officers who have the responsibility of keeping up with new rules and regulation changes, this program would be beneficial for anyone with compliance management responsibilities in a financial institution who needs to stay current with changes in the compliance world. For example, this program could be shared with compliance assistants, management, or a Compliance Council/Committee to keep them apprised of current activities and enhancing the organization’s overall compliance management system. In addition, auditors who have the responsibility of reviewing compliance areas would also greatly benefit from this program.
$299 (Regular Price - $329)
NOTE: If you are interested in all four Quarterly Compliance Updates for 2021, take a look at our Premium Membership options which includes all four quarterly updates for a price cheaper than purchasing each class individually. You can learn more about premium membership by clicking here.
NOTE: If you are interested in all four Quarterly Compliance Updates for 2021, take a look at our Premium Membership options which includes all four quarterly updates for a price cheaper than purchasing each class individually. You can learn more about premium membership by clicking here.
The class is presented in multiple videos and covers the following topics from the prior quarter. Due to time constraints of the program and perceived applicability to attendees, some topics will be reviewed in greater details than others.
NOTE: As there were so many changes during the fourth quarter of 2020, some topics will only include a general overview of the topic with references in the manual as to where to find more information.
Misc Agency Activity
Too much to mention all!
Flood Program Extended
OCC 2021 Bank Supervision Operating Plan
CFPB RESPA FAQs Released
FHFA Extends COVID-Related Flexibilities
CFPB Fair Debt Collection Practices Final Rule (overview only)
OCC Fall 2020 Semiannual Risk Perspective
NCUA Corporate Credit Union Rule
CFPB Fall Rulemaking Agenda
CFPB Advisory Opinion on Special Purpose Credit
And more……
FEATURED TOPIC - An Overview of the Final Rules for Qualified Mortgages
Extension of the GSE Patch QM
Updates to the General QM
The new “Seasoned QM”
BSA/AML (50 minutes)
Treasury Ransomware Advisories
FinCEN Advisory on Human Trafficking
FATF AML Standards
FinCEN Geographic Targeting Orders
FinCEN CDD Expectations for Charities & Non-Profits
FinCEN Clarification on 314(b) Sharing
FinCEN Proposed Virtual Currency Rule
Anti-Money Laundering Act of 2020
And more!
CRA
Agencies release CRA ratings
Agencies release list of planned CRA exams
OCC CRA General Performance Standards Proposal
CRA Small Bank Thresholds
HMDA
New HMDA Reference Chart
HMDA FIG Update
2021 HMDA Exemption Threshold
NOTE: As there were so many changes during the fourth quarter of 2020, some topics will only include a general overview of the topic with references in the manual as to where to find more information.
““The videos are very informative, Adam is a great teacher and funny too, and the manuals are awesome!””
““The information is always something that is usable. I have found that I have learned something new almost every time. They are ore enjoyable than sitting in a classroom and more cost effective because you do not have to drive somewhere for the training.””
““This is a great reliable resource, not your typical hum drum boring compliance training. Adam finds a way to make it engaging!””
““Adam does a great job of conveying the quarterly changes and activity in his quarterly updates. Great information and the material is available for printing and future use.””
““The presentation method was great and the comprehensive manual that came with the class was a good add on!””
This Compliance Class can be completed without leaving your office and provides you with everything you need to know about what compliance related activity took place during the prior quarter.
The class includes the following:
A comprehensive manual
A “virtual classroom” instructional video
60-day access to the class
Certificate of completion (1 per registration - available upon request)
All of our Compliance Classes are presented in our virtual classroom approach. This approach is designed to bring the presenter to you (at a fraction of the cost of having a live person) and includes a video of the presenter in front of a slide presentation that replicates a typical seminar environment. In addition, our presenters take a three-part approach to compliance instruction: to educate, to empower, and to entertain. This is achieved by focusing on relevant topics, speaking in simple to understand, layman's terms, and by keeping it light and humorous whenever possible. We have found that this "3-E" approach allow students to learn as quickly and effectively as possible. And, it adds a little bit of fun to an otherwise dreadful topic.
Certificates of completion are available upon request. One certificate is available per registration.
When you purchase this compliance class, you get instant access to the online version of this class for 60 days. You will also receive an electronic version of the accompanying manual to keep.
We believe in our training products so much that we are offering a 100% money back guarantee. If you do not feel that you received the value promised for this training session, contact us within the first 10 business days after purchase and we will either make things right or provide 100% of the purchase price back to you.
