UDAAP: An Acronym You NEED To Know!
Friday, July 12, 2019
11:00 am – 12:30 pm Eastern
The Consumer Financial Protection Bureau’s (CFPB) prohibition against unfair, deceptive and abusive acts and practices (UDAAP) is one of the most powerful enforcement weapons in the financial watchdog’s tool belt. Join Regulatory Compliance Counsel Michael Christians for this 90-minute webinar to learn more about what constitutes an unfair, deceptive, or abusive act or practice. In addition, we’ll take a look at guidance issued by the CFPB that discusses UDAAP risk related to credit card promotional offers and debt collection practices. Finally, we’ll survey the current enforcement landscape at both the state and federal level with a look at several UDAAP case studies.
Because UDAAP risk is present at every level of the organization, almost any financial institution employee would benefit from attending this webinar (including new accounts representatives, loan officers, managers, etc.) As a bonus, webinar participants will receive a sample UDAAP policy for use within their organization.
- Unfair Acts and Practices
- Deceptive Acts and Practices
- Abusive Acts and Practices
- CFPB Bulletin 2013-07: UDAAP and Debt Collection
- CFPB Bulletin 2014-02: UDAAP Risk in Marketing of Credit Card Promotional APR Offers
- UDAAP Enforcement Actions at the State and Federal Level
Who Should Attend?
Almost any financial institution employee would benefit from attending this webinar (including new accounts representatives, loan officers, managers, etc.).
As principal of Michael Christians Consulting, LLC, Michael assists financial institutions across the country with ensuring their compliance programs conform to Federal laws and regulations. He provides counsel relative to current rules, assists with the strategic implementation of upcoming regulatory changes and offers customized education and training services.
Michael has more than two decades of experience in the financial services industry with a primary focus on consumer compliance. He obtained his Juris Doctorate from Drake University Law School. He is a member of the Iowa State Bar where he is licensed to practice law.
Attendance verification for CE credits provided upon request.
Webinar Sponsored by Total Training Solutions
If you are having issues with registering online, please contact CBAO's Education & Training Coordinator, Lianne Simeone, (614) 610-1877.
|Live On-Demand Link: Live,On Demand playback, and CD-ROM plus hard copy Handouts.
Live Webinar: Register for the live event and get five days access to the On Demand Playback. You’ll have an opportunity to ask questions during the presentation and be free to review the content for the next 5 (business) days Registration also includes links to presenter materials, handouts, and pdfs.
Additional Hookups: Registering another banker from a different location
On-Demand Link & "Free" CD-ROM: Both live webinar & recorded webinar + free digital download