Video Webinar: Regulation CC June 2019 Amendments

On June 24, 2019, the joint agencies announced a 63-page final rule amending some requirements of Regulation CC relating to check holds and funds availability. This long-awaited rule was mandated by the Dodd-Frank Act, but is only a portion of the total changes we expect to Regulation CC. These changes do four main things:

  1. Require a regular inflation increase for certain thresholds found in Regulation CC (such as the $200/$5,000 amounts used in holds).

  2. Require customer notification

  3. Expand Reg CC coverage to certain US Territories

  4. Make a few (minor) changes to Regulation DD

Upon first glance, this rule may appear to have a very minor impact to Regulation CC - which is a fairly accurate observation. The challenge, however, is that these changes will have a significant impact on financial institutions as they only complicate a rule that is already difficult to understand and comply with. In other words, these amendments are going to cause some major challenges for training front line staff. Therefore, it is important for financial institutions to have a complete understanding of these new rules so that applicable staff can be appropriately trained and hold activity can be appropriately monitored.

This program would be beneficial for compliance officers, trainers, branch managers, operations managers, auditors, and those responsible for managing deposit holds. Note: This program is the exact version from Part II of our 2Q 2019 Quarterly Compliance Update, meaning those that purchased that product already have this material. This program is designed for those who specialize in holds/Reg CC and may not want the full Quarterly Compliance Update program.

Class Pricing

Price: $199 early bird special through Thursday, August 1, 2019. (Regular Price: $249)

NOTE: For just a few dollars more ($229), you can get this program as part of our 2Q 2019 Quarterly Compliance Update - which includes not only the Reg CC Amendments, but every other applicable regulatory change that took place during the 2nd quarter of 2019. Click here to view our 2Q 2019 Quarterly Compliance Update.

What Topics will be Covered?

The class is presented in a single video and provides a detailed review of the 2019 final rule for the Mandatory Purchase of Private Flood Insurance:


  • Regulation CC Amendments (June 2019)

  • The new Regulation CC amendments including:

    • Background on these rules

    • Effective date

    • The new rules

    • New challenges

    • More to come

Note: This program is the exact version from Part II of our 2Q 2019 Quarterly Compliance Review, meaning those that purchased that product already have this material. This information is being released as a stand-alone product as those who specialize in just lending/flood insurance may not want the full Quarterly Compliance Update program.

What is Included in the Compliance Class?

This Compliance Class can be completed in about 45 minutes and provides you with everything you need to know about the Regulation CC June 2019 amendments.

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)

The Virtual Classroom Approach

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.

Certificate of Completion

Certificates of completion are now available upon request. One certificate is available per registration.

60-Day Access

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.

100% Money Back Guarantee

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.