Special Events Training
Summary
On January 7th, 2020 the NCUA issued its annual letter to credit unions listing its 2020 supervisory priorities as well as updates on regulations and agencies modernization programs.Â
Join business development leaders of CU*Answers as they respond to the report and provide recommendations for review. This is an informative and interactive session.
Audience
Credit Union Executives and key Managers
Objectives
Provide our audience with current perspectives from CU*Answers in response to the NCUA's 2020 Supervisory Report.
Topics
Bank Secrecy Act and anti-money-laundering compliance;
Consumer financial protection;
Cybersecurity;
Credit risk and liquidity risk;
Continue monitoring the implementation of the new standard for current expected credit losses, or CECL;
Planning for the transition from the London Interbank Offered Rate, or LIBOR, as the benchmark for setting interest rates
