Compliance Issues for Commercial Lenders – ON-DEMAND WEBINARS

Date Recorded: March 3, 2022

Presenter: Anetria Cohen, Vice President and Senior Consultant, FORVIS

Providing compliance training to commercial lenders has long been a challenge for compliance officers. Commercial lenders often equate compliance responsibilities with consumer lending only, which can result in overlooking compliance issues that apply to them. Commercial lenders may feel that sitting through general compliance training is a waste of their time, especially since the training is often geared toward consumer products. However, many of the most important compliance laws and regulations do apply to commercial transactions, so it is essential that commercial loan officers and their support staff be up to date on all compliance-related topics.

This webinar focuses on compliance issues exclusively from a commercial lending point of view, explaining in clear terms the most significant compliance issues affecting commercial loans. The topics covered in this program include the Flood Disaster Protection Act, Equal Credit Opportunity Act, Home Mortgage Disclosure Act, and other fair lending issues, as well as prominent regulations including Regulation O, Servicemembers Civil Relief Act, Community Reinvestment Act, the Fair Credit Reporting Act, Unfair and Deceptive Acts or Practices, and the Bank Secrecy Act.

HERE IS WHAT YOU WILL LEARN:

• Which regulations apply to the commercial lending function;
• What commercial lenders are required to do under each of these regulations; and
• When required disclosures should be given.