During this webinar, we will discuss the latest regulations and go over what is coming in the next few months, recent enforcement actions that we can learn from, and how to prepare for examinations in 2024.
Fair Lending for financial institutions encompasses a group of laws and regulations prohibiting discrimination in the extension of credit to consumers. Failing to follow the fair lending compliance regulations can result in civil money penalties, restrictions on branching, and significant reputational damage for an institution. During this webinar, we will go through each of the regulations that fall under Fair Lending.
With recent enforcement actions and new regulations, we have to understand the implications for our positions within Banks. With the increase so far in 2024 and more to come, we have to stay on top of the regulatory news, especially in this climate.
Justin brings over 20 years of wide-ranging experience in compliance, training, and regulation in the financial services sector. Most recently, he served as Head of Compliance Training at Bank of China, where he led the compliance training function and created and monitored the annual training plan through a thorough training needs analysis. Previously, he served as Macquarie Group’s Head of Americas Compliance Training and J.P. Morgan Chase’s compliance training manager. He also worked for FINRA, a US regulator, where he created Examiner University to train examiners on how to perform their function.