On Thursday, September 14, from 2:00-3:30 p.m. Eastern, the Office of the Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System (Board), Federal Deposit Insurance Corporation (FDIC), and National Credit Union Administration (NCUA) (the agencies) will conduct an Ask the Regulators webinar to explain the revisions and additions to the Policy Statement on Prudent Commercial Real Estate Loan Accommodations and Workouts that was issued June 2023.
During the webinar, staff of the agencies will review best practices for managing deteriorating and problem commercial real estate loans and workout arrangements, describe how supervisors assess the management of commercial real estate loan accommodations and workouts, and review supervisory expectations for valuations.
The webinar will include a Q&A session. Participants are encouraged to submit questions in advance via email at [email protected]. Panelists will give priority to questions received by Monday, August 21.
Register now: Ask the Regulator Registration Link
Participants are encouraged to use the webinar audio on their computers for the best experience. Webinar materials will be archived for future viewing at the same link that is used for registration.
NASCUS invites all members to attend a complimentary webinar covering the latest in litigation in the financial services sector. We will be joined by our friend Fred Burnside (Davis Wright Tremaine LLP) who will survey the latest in overdraft fee litigation, Regulation E cases, Zelle litigation, issues related to ACH fees, and much more.
For NASCUS Members, L&R Committee members
Date/Time: Thursday, February 16, from 3:00 – 4:30 pm EST.
A recording of the presentation will be available following the session.
This free webinar, presented by NASCUS’s L&R Committee and Education Department. A meeting link will be sent out on the day of the webinar with the link details.
Questions? Please contact Isaida Woo at [email protected]
Registration is required. There is no cost for attending as a NASCUS member benefit.
Speaker
Fred Burnside concentrates his complex civil litigation practice on matters related to class-action defense, consumer financial services, and hydroelectric relicensing. His more than two decades as an attorney is distinguished by significant victories secured on behalf of financial service providers, at trial and on appeal in state and federal courts, particularly in class action lawsuits regarding non-sufficient funds (NSF) fees.
Fred obtained a motion to dismiss in the pioneer class action lawsuit over NSF fee practices and has since successfully defended other major financial services providers facing similar claims. He also has the rare experience of taking a financial services class action through a jury trial—and winning. With an established track record of securing outright victory or favourable settlement, Fred has become the go-to NSF fee attorney for consumer financial service providers facing class action lawsuits.
His leadership at DWT includes serving as the co-chair of the class action defense group, and he previously served as the firm’s deputy litigation department practice group chair, Executive Committee member, and on the firm’s Share (Compensation) Committee. He is a co-chair of the ABA’s Annual National Institute on Class Actions, editor of the ABA Class Action Committee’s Annual Survey of State Class Action Litigation, and a member of the American Law Institute.
The National Credit Union Administration on Jan. 31 will host a webinar discussing the 2023 Supervisory Priorities Letter to Credit Unions.
Registration for this event is now open. Christel Orusede, from the NCUA’s Office of Examination and Insurance, will moderate a panel of NCUA subject matter experts who will discuss topics outlining NCUA’s supervisory priorities and other aspects of the agency’s examination program for 2023 to help credit unions prepare for their next NCUA examination.
The “2023 Supervisory Priorities” webinar is scheduled to begin at 2 p.m. Eastern and last approximately 60 minutes. There is no charge. There will be a question-and-answer period afterward.
Participants will be able to log into the webinar and view it on their computers or mobile devices using the registration link. They should allow pop-ups from this website. The webinar will be closed captioned and archived approximately one week following the live event.
Participants can submit questions during the presentation or in advance by emailing [email protected]. The email’s subject line should read, “2023 Supervisory Priorities.” Please email technical questions about accessing the webinar to either [email protected] or [email protected].
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The Federal Financial Institutions Examination Council (FFIEC) is offering a new Industry Outreach webinar on Friday, November 18, 2022, that focuses on multifactor authentication. The event sponsored by the FFIEC Task Force on Supervision–Cybersecurity and Critical Infrastructure Working Group. The FFIEC Industry Outreach is an alternative delivery program that provides timely updates on changes in supervisory guidance or regulations and information on current issues in the financial industry. The target audience for the FFIEC Industry Outreach program includes representatives from financial institutions, trade associations, third party providers, and consultants.
Federal and state financial institution examiners are also welcome to participate in FFIEC Industry Outreach programs. Participants can view PowerPoint slides and listen to the presentations via computer or phone.
Date: November 18, 2022
Time: 1:00 pm – 2:00 pm EST
Registration Information
If you are unable to hear the audio portion of the event via the link above, the following number can be used as a backup:
Dial-in: 888-251-2949 or 215-861-0694
Access Code: 4342711#
If the automated recording indicates the conference is full, please use overflow information:
Dial-in: 888-251-2949 or 215-861-0694
Access Code: 6920265#
Disclaimer: Use of these materials by participants, including video and audio recording of this presentation, is strictly prohibited except by written permission of the FFIEC or its members. The views expressed in this presentation are individual views, intended for informational purposes, and are not formal opinions of, nor binding on, the FFIEC or its members.
The National Association of State Credit Union Supervisors (NASCUS), in conjunction with Sheila Balzer, is pleased to offer a webinar series devoted to Current Expected Credit Losses (CECL).
Join us for two 60-minute sessions on November 30 and December 1, 2022.
CECL: Basic Session
November 30, 2022, 2:00 pm – 3:00 pm EST
Speaker: Sheila Balzer
Description: Session will cover basic requirements and considerations under CECL methodology. Discussion of key controls that should be in place regarding the estimate.
CECL: Advanced Session
December 1, 2022, 2:00 pm – 3:00 pm EST
Speaker: Sheila Balzer
Description: Session will cover unique issues and difficulties for CECL adopters as implementation is near. Discussion of how CECL will impact 2023 audits and examinations. What should I be doing after implementation?
Sheila Balzer is an assurance partner with SingerLewak in Denver, Colorado. She specializes in working with credit unions, non-profit organizations, and employee benefit plans. She is a recognized expert and frequent presenter to volunteers and employees of credit unions on financial literacy. Sheila is a Magna Cum Laude graduate of the University of Denver and holds Bachelor of Science and Masters’ degrees in Accountancy. Her professional and civic activities include serving as a member of the Board of Directors of the AICPA, past member of the Accounting and Review Services Committee (standard setting body), past Chair of the Colorado Society of Certified Public Accountants, Board Member of the Colorado Society of Certified Public Accountants, Past Chair of the Colorado Society of Certified Public Accountants Educational Foundation, AICPA Council member, and chairing the Chatfield Senior High and Columbine High School Business Advisory Committee. Sheila was selected as one of six Women to Watch in the accounting profession in Colorado in 2012.
The National Association of State Credit Union Supervisors (NASCUS), in conjunction with Sheila Balzer, is pleased to offer a webinar series devoted to Current Expected Credit Losses (CECL).
Join us for two 60-minute sessions on November 30 and December 1, 2022.
CECL: Basic Session
November 30, 2022, 2:00 pm – 3:00 pm EST
Speaker: Sheila Balzer
Description: Session will cover basic requirements and considerations under CECL methodology. Discussion of key controls that should be in place regarding the estimate.
CECL: Advanced Session
December 1, 2022, 2:00 pm – 3:00 pm EST
Speaker: Sheila Balzer
Description: Session will cover unique issues and difficulties for CECL adopters as implementation is near. Discussion of how CECL will impact 2023 audits and examinations. What should I be doing after implementation?
Sheila Balzer is an assurance partner with SingerLewak in Denver, Colorado. She specializes in working with credit unions, non-profit organizations, and employee benefit plans. She is a recognized expert and frequent presenter to volunteers and employees of credit unions on financial literacy. Sheila is a Magna Cum Laude graduate of the University of Denver and holds Bachelor of Science and Masters’ degrees in Accountancy. Her professional and civic activities include serving as a member of the Board of Directors of the AICPA, past member of the Accounting and Review Services Committee (standard setting body), past Chair of the Colorado Society of Certified Public Accountants, Board Member of the Colorado Society of Certified Public Accountants, Past Chair of the Colorado Society of Certified Public Accountants Educational Foundation, AICPA Council member, and chairing the Chatfield Senior High and Columbine High School Business Advisory Committee. Sheila was selected as one of six Women to Watch in the accounting profession in Colorado in 2012.
CFPB Weighs in on Data Security; Will Firms with Poor Security Be in the Crosshairs?
Friday, October 14, 2022 | 1:00 – 2:00 p.m. ET
There is no cost for this webinar.
Program Description
In the late summer, the Consumer Financial Protection Bureau (CFPB) issued a circular that concluded in no uncertain terms that insufficient data protection or information security could be considered an unfair practice under the Consumer Financial Protection Act. Circulars are general statements of policy circulated to other agencies, state and federal, that have overlapping authority with the CFPB to enforce federal consumer financial law, such as the Federal Trade Commission (FTC), Department of Justice, and state attorneys general, to name a few.
The CFPB specifically called out the need to implement specific “cost-efficient measures to protect consumer data”: multi-factor authentication, password management, and timely software updates. Additionally, the new Safeguards Rule enforced by the FTC remains the primary federal source of affirmative requirements for nonbanks. Join lawyers from Venable’s Financial Services Group and cybersecurity experts from the firm’s Cybersecurity Risk Management Group for a webinar that will discuss the impact of this circular and provide a primer on data security measures companies that collect and use consumer data should adopt or enhance.
For more information contact: [email protected]
Speakers
- Andrew E. Bigart, Partner, Venable LLP
- Jeremy A. Grant, Managing Director of Technology Business Strategy, Venable LLP
- Alexandra Megaris, Partner, Venable LLP
- Ross B. Nodurft, Senior Director of Cybersecurity Services, Venable LLP
CLE Accreditation
This activity has been approved for Minimum Continuing Legal Education credit by the State Bar of California in the amount of one hour, of which one hour applies to the general credit requirement, by the State Bar of New York in the amount of one credit hour, of which one credit hour can be applied toward the areas of professional practice credit requirement, and by the MCLE Board of the Supreme Court of Illinois in the amount of one credit hour, of which one credit hour can be applied toward the general credit requirement. Venable certifies this activity conforms to the standards for approved education activities prescribed by the rules and regulations of the State Bar of California, State Bar of New York, and MCLE Board of the Supreme Court of Illinois, which govern minimum continuing legal education. Venable is a State Bar of California, State Bar of New York, and MCLE Board of the Supreme Court of Illinois accredited MCLE provider. This program is appropriate for both experienced and newly admitted attorneys.
For more information on CLE accreditation, please click here.
A ransomware attack on your credit union could inflict serious financial damage and pose reputation risk. The National Credit Union Administration is teaming up with the FBI, Treasury Department, and the Wisconsin Department of Financial Institutions to host a webinar to discuss how to protect your credit union and your members.
Registration for this October 13 webinar, “Ransomware in the Financial Sector,” is now open.
The event is scheduled to begin at 2 p.m. Eastern and last approximately two hours. There is no charge. All the presentations will have real-world examples to illustrate the potential impact of ransomware attacks. The webinar will include a question-and-answer period.
Staff from the NCUA’s Office of Credit Union Resources and Expansion and Office of Examination and Insurance will moderate a panel featuring: Ted P. Delacourt, FBI Cyber Division; Thomas Theune: Deputy Director, Office of Credit Unions, Wisconsin Department of Financial Institutions; and Steven Curran, Treasury Department, Office of Cybersecurity and Critical Infrastructure Protection.
Participants will be able to log into the webinar and view it on their computers or mobile devices using the registration link. They should allow pop-ups from this website. The webinar will be closed captioned and archived on the NCUA’s Learning Management System approximately one week following the live event.
Participants can submit questions during the presentation or in advance by emailing [email protected]. The email’s subject line should read, “Ransomware Webinar.” Please email technical questions about accessing the webinar to either [email protected] or [email protected].
The National Credit Union Administration Office of Examination & Insurance is hosting a webinar on the recently announced Simplified Current Expected Credit Loss (CECL) Tool. The one-hour live webinar will take place on Wednesday, October 12, beginning at 2 p.m. Eastern.
The Simplified CECL Tool uses the Weighted Average Remaining Maturity (WARM) methodology to estimate the allowance for credit loss and is designed for the more than 3,000 credit unions with less than $100 million in assets. Larger credit unions can use the tool based on management and auditor discretion.
NCUA subject matter experts will provide an overview of the Tool, demonstrate the Tool, and answer participants’ questions.
Participants may submit questions in advance by emailing [email protected]. The email’s subject line should read, “CECL Webinar.”
Registration for this webinar is now open. Participants can log into the webinar and view it on computers or mobile devices using the registration link. They should allow pop-ups from this website. The webinar will be closed captioned and archived approximately one week following the live event.
State of Cannabis: Understanding the Regulatory and Enforcement Framework in The US and Canada
We present a three-part series outlining the legal environment, the business, and the financial relationships of the cannabis industry. The three workshops delve into the AML/CFT requirements of the cannabis industry. In Workshop 1, we examine the legal landscape. Later, in workshops 2 and 3, we develop the best in class financial crime compliance program as we prepare for audits and examinations from regulators and financial institutions.
March 30, 2022 | 12:00pm –2:00pm ET
Click here to register and learn more.
NASCUS is hosting a 2022 Cannabis Symposium June 14-15, devoted specifically to the cannabis landscape. This event was handcrafted to provide financial institutions with the latest updates, best practices, and insights surrounding the cannabis industry.
Engage with these and other leading-edge experts
- State Cannabis Legalization: Today and Tomorrow panelists Zane Gilmer TDB Partner, Stinson LLP; Katrina Skinner, General Counsel, Chief Banking Officer, Simplyfia; and David C. Bass Partner, KNCH LLP
- Cannabis and Insurance expert Scott Eckburg, CEO CC Insurance
- Cannabis Banking: Lessons Learned and Board Governance panelists Todd Gunderson, CEO, CU1 and Karla Haglund, CEO, Live Life Federal Credit Union
- Hemp Banking Update expert Zane Gilmer, Partner, Stinson LLP
and more…
(Jan. 28, 2022) Changes to the first quarter call report for federally insured credit unions will be highlighted during a 90-minute webinar set for Feb. 10 by NCUA, the agency announced this week.
More specifically, the webinar on the agency’s call report Form 5300 will include a look at new schedules for risk-based capital (RBC) and the Complex Credit Union Leverage Ratio (CCULR), both of which took effect at year’s start, the agency said.
Registration is open for the event. It is scheduled to begin at 2 p.m. and run for an hour and a half. Participants may submit questions during the presentation, or in advance (by emailing the questions to [email protected], with a email’s subject line of “Call Report Changes.” Technical questions about accessing the webinar should be sent to [email protected].
LINK:
NCUA Call Report Changes Webinar
(Jan. 21, 2022) A free, members-only webinar outlining the impact of the U.S. Supreme Court’s (SCOTUS) decision striking down vaccine mandates for large employers – but also upholding a mandate for health care workers — is being held today (Friday) beginning at noon ET. The hour-long program, which includes a question-and-answer session will provide (among other things): an overview of the court’s decision – including what it says, and what it doesn’t say; what the decision means for those organizations that have already announced vaccine mandates; the path forward for those organizations still interested in mandating vaccinations, and; the definition of “vaccinated.” Registration is required (by 10:30 a.m. ET); see the link below.
LINK:
NASCUS webinar: SCOTUS decision on workplace vaccine mandates (members only)