Coming off a year of some significant regulatory changes like TRID 2.0, HMDA 2.0, and the BSA Beneficial Ownership rule, you might think that 2019 should be a slower year for regulatory changes.
In reality, 2019 is already proving to be just as complex and fast moving as 2018 was. From trend-setting enforcement actions to new rules like private flood insurance, the first quarter of 2019 has had a plethora of changes.
As we have done in 2018, we will again release a training program to review all of the significant changes from the prior quarter that compliance professionals need to be aware of. Our 1Q 2019 Compliance Update will be released by the end of April and will include the following topics:
A few late-released 2019 thresholds
Lessons learned from the USAA Consent Order
NCUA supervisory priorities
An overview of the private flood insurance rules
New TRID FAQs
Updated list of rural and underserved counties
CFPB analysis on elder financial exploitation
More CFPB settlements
A review of top CFPB complaints
OCC’s key HMDA data points
A little-known HMDA FAQ
FDIC rescinds annual disclosure requirement
Updated FFIEC exam report standards
Updated list of FinCEN deficient countries
The CFPB & FDIC supervisory highlights
Proposed Regulation CC changes
Again, our 1Q 2019 Compliance Update program will be available for purchase sometime in April, so be sure to watch for upcoming communications relating to this valuable training program.