Event Calendar

Wednesday, August 4, 2021

New Accounts Series: Regulatory Alphabet for Deposit Accounts Webinar

Start Date: 8/4/2021 1:00 PM MDT
End Date: 8/4/2021 2:30 PM MDT

Event Website: https://financialedinc.com/a/ibc/webinar/new-accounts-series-regulatory-alphabet-for-deposit-accounts

Organization Name: Independent Bankers of Colorado

Tara F. Hunter
Email: thunter@ibcbanks.org
Phone: (303) 832-2000

New Accounts: Regulatory Alphabet for Deposit Accounts Webinar
Wednesday, August 4, 2021, 1:00 – 2:30 pm
Live | Recorded Webinar + Free Digital Download | Both
Do you know the ABCs of opening new deposit accounts?  Which regulations apply?  What documentation is required?  What about privacy notices – or unauthorized transactions?  Join us to learn the relevant regulatory alphabet so you can easily open compliant deposit accounts. This jam-packed session will cover the key “alphabet” regulations that must be considered when opening new deposit accounts. This information-intensive session will address these issues:

  • The BSA’s CIP (identification) and CDD (due diligence) requirements
  • Funds availability and exception holds rules for new accounts under Regulation CC
  • Regulation E’s rules governing initial disclosures, issuance of access devices, and opting in for overdraft services
  • The initial privacy notice required by Regulation P 
  • New account disclosures required by the Truth in Savings Act 
  • Explain Bank Secrecy Act CIP and due diligence requirements
  • Identify how to effectively use exception holds under Regulation CC
  • Define customer liability for unauthorized transactions under Regulation E
  • Comply with Regulation P’s privacy notice requirements
  • Understand the advertising requirements for deposit accounts under Regulation DD
  • Quick reference guides for the Bank Secrecy Act and Regulations CC, E, P, and DD
  • Employee training log
  • Interactive quiz
This informative session is designed specifically for new accounts representatives, deposit operations personnel, retail managers, and compliance professionals.
Michael Christians, JD, Michael Christians Consulting, LLC
As principal of Michael Christians Consulting, LLC, Michael assists financial institutions across the country ensure their compliance programs conform to federal laws and regulations.  He provides counsel on current rules, assists with strategic regulatory implementation, and offers customized education and training.  Michael has over 20 years’ experience in the financial services industry and focuses on consumer compliance. He obtained a Juris Doctorate from Drake University Law School and was admitted to the Iowa State Bar in 2014. 

1. Live Webinar Includes
  • Unlimited connections within your institution to the Live WebinaHandout and Take-Away Toolkit
  • Available on desktop, mobile & tablet
  • Presenter’s contact info for follow-up
 2. Recorded Webinar Includes
  • Recording of the Live Webinar
  • Available two business days following Live date
  • Handout and Take-Away Toolkit
  • Available on desktop, mobile & tablet
  • Free Digital Download, yours to keep
  • Share link with anyone at your institution
  • Presenter’s contact info for follow-up
3. Purchase the BOTH Option to receive all the benefits listed above!