Tuesday, August 16, 2022
(Both Parts are 1 hour with a 1 hour break)
12:00 – 3:00 pm (Eastern Time)
Every enforcement action is a lesson to be learned by other financial institutions. Recently, there have been several big enforcement actions against financial institutions for violations related to flood insurance compliance requirements. Now is the time to get up to speed on flood insurance compliance!
Part 1: Flood Insurance - Advanced Compliance Challenges and Regulatory Expectations (August 16, 12:00 - 1:00 pm ET)
Review of your flood insurance compliance program is a required part of regulators’ risk focused examination program. This can’t-miss session will address flood insurance regulation and compliance requirements designed for frontline employees and management involved in the lending process. We start with a brief review of the basic concepts, laws, and FAQs, including disclosure requirements, mapping changes and escrow requirements. The session concludes with a comprehensive review of the more challenging flood insurance requirements and expert guidance for banks covering a range of flood compliance topics. Participants will receive a Flood Insurance Compliance Monitoring Checklist!
BONUS: Participants will receive a Flood Insurance Compliance Monitoring Checklist to use as a part of your risk assessment and ongoing review of the flood insurance requirements!
Part 2: Flood Insurance - Lessons Learned from Recent Case Studies (August 16, 2:00 - 3:00 pm ET)
This can’t-miss compliance webinar will address flood insurance regulation and compliance requirements designed for both new and experienced personnel. We’ll dive into recent enforcement cases and take you through all the major lessons you and your compliance team must learn to avoid costly violations.
The first part of this critical 2-part compliance training concludes with a comprehensive review of flood insurance requirements and expert guidance on how to proactively enhance your compliance program to prevent or mitigate enforcement actions.
Attendance verification for CE credits provided upon request.
If you are having issues with registering online, please contact CBAO's Education, Training & Special Event Coordinator, Malia Widder, (614) 610-1877.
Webinar and Playback* ($395/$595)
*Playback has no expiration.
Additional Hookup - Registering another banker from a different location ($125/$185)