Ballard Spahr LLP and KPMG are teaming up to offer a free webinar on Oct. 15 that details what the Consumer Financial Protection Bureau (CFPB) is expecting from a financial institution's board of directors and management regarding compliance and consumer risk.
The webinar will focus on the federal shift in emphasis from consumer ‘compliance’ to consumer risk, and it will offer advice on designing a compliance management system and examination management (including the desirability of directing management to conduct a compliance assessment). The webinar will also discuss the types of compliance information that should be reported to management and the board, along with detailing the reporting relationships relating to compliance within management and to the board.
Alan S. Kaplinsky, practice leader in Ballard Spahr's consumer financial services group, will moderate the webinar, which will be held from 12 p.m. to 1 p.m. EDT. Registration for the webinar is available online.