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.
While financial institutions often 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 Summer 2022 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 April, May & June of 2022 (see below for an outline of course topics).
One topic we cover in detail (in Part II of our program) is the 2022 Interagency Questions and Answers Regarding Flood Insurance that were issued during May of 2022. This is a huge part of our program - so much so, that we are actually offering this section (the exact version) as a stand-alone class in our store. You can learn more about what we cover in our Flood FAQ section of this program (and stand-alone class) at: www.compliancecohort.com/2022-flood-faqs.
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.
6.25 CRCM, 1.0 CAFP, 1.0 CERP Credit: ABA Professional Certifications is dedicated to promoting the highest standards of performance and ethics within the financial services industry. The Summer 2022 Quarterly Compliance Update has been approved for 6.25 CRCM, 1.0 CAFP, 1.0 CERP credits. This statement is not an endorsement of this program or its sponsor. Certification holders must report these credits at aba.csod.com.
Regular Price: $399
PREMIUM MEMBERSHIP: Each of our quarterly compliance updates are included in all three of our premium membership options. Premium members can automatically access this program through the class login option on our site, and by choosing the Summer 2022 Quarterly Compliance Update from the list of classes.
NOTE: If you would like to demo this class before you purchase it to make sure it's what you are looking for, just let us know and we can work something out.
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.
The total teaching time of this program is 5 hrs and 10 min.
The content of this program will include :
Misc Agency Activity
Video 1 - April 2022 Updates
Introduction
Payday Borrowers Continue to Pay High Rollover Fees According to CFPB’s Report
CFPB Reg V Proposal For Trafficking Victims
Banks Engaging in Crypto-Related Activities Should Notify FDIC
Das’ Remarks From Digital Identity Tech Sprint Demonstration Day
CFPB Charges TransUnion for Digital Dark Patterns
And more!
Video 2 - May 2022 Updates
CFPB Found Overcharging on Auto Loan's Add-on Products
CFPB’s 2021 Fair Lending Annual Report
CFPB Advisory Opinion on Coverage of ECOA
Hsu’s Remarks at the AREAA Diversity and Fair Housing Summit
CFPB’s New System For Consistent Enforcement of Consumer Financial Laws
And more!
Video 3 - June 2022 Updates
FDIC Updates 2 Sections of Compliance Exam Manual
Crypto Scam Losses Top $1 Billion
Proposed Amendment on Telemarketing Sales Rule
CFPB Issues 2021 Servicemember Affairs Annual Report
CFPB Seeks to Improve Customer Service at Big Banks
And more!
FEATURED TOPIC - 2022 Flood Insurance FAQS (2 hrs, 53 minutes)
BSA/AML
Treasury Sanctions Russia-Based Darknet Market
FinCEN’s Advisory on Kleptocracy and Foreign Public Corruption
FinCEN Acting Director’s Statement Before the Committee on Financial Services
OFAC Amends Ukraine-Related Sanctions
FinCEN Renews and Expands Real Estate Geographic Targeting Orders
And more!
CRA & HMDA
CRA
OCC Publishes Community Developments Investments Newsletter
Agencies Issue Joint Proposal to Strengthen CRA
HMDA
CFPB Beginner’s Guide to HMDA Data
““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 more 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.
