Tuesday, June 8, 2021
12:00 – 1:00 pm (Eastern Time)
11:00 – 12:00 pm (Central Time)
10:00 – 11:00 am (Mountain Time)
9:00 – 10:00 am (Pacific 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!
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 session concludes with a comprehensive review of flood insurance requirements and expert guidance on how to proactively enhance your compliance program to prevent or mitigate potential enforcement actions.
The banking webinar 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.
This timely compliance webinar covers:
- Overview of flood insurance compliance requirements
- Understand the impact of the FDIC’s 2020 enforcement actions manual
- Case studies of 2020 enforcement actions
- Lessons that you can apply to avoid repeating pitfalls and protect your institution
- Guidance on how to enhance your flood insurance compliance program
- Effectively manage your flood insurance program and identify key risks
- Answers to the top 5 FAQs about NFIP compliance
Dena Somers is a highly regarded bank consultant and compliance attorney. She has provided regulatory compliance and risk management consulting services to financial institutions and companies in highly regulated industries nationwide for more than 20 years. Her areas of expertise include consumer and mortgage lending compliance, Fintech and specialty finance, regulatory compliance training, business strategy and best practice advisement, and corporate governance. Throughout her career, Ms. Somers has advised hundreds of banking and financial institutions— ranging from local community banks to $50 billion financial holding companies— to achieve operational efficiency while ensuring regulatory compliance. Previously, Ms. Somers served as General Counsel to a national mortgage servicing company, Fintech lender, national money service business, and has represented financial institutions in a broad array of complex litigation matters for more than 15 years. Additionally, Ms. Somers is a published author for Lexis Nexis in the areas of Bank Teller training, loan policies, and loan documentation training.
1.0 CPE Credits