About the Course:

Failing to follow the fair lending compliance regulations can result in civil money penalties, restrictions on branching and significant reputational damage to an institution. During this webinar, we will go through each of the regulations that fall under Fair Lending. 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 to an institution.

During this webinar, we will go through each of the regulations that fall under Fair Lending and take a look at the latest developments in regulatory compliance.

Course Objective:

• Identify key laws and regulations under the Fair Lending umbrella, including their purpose and role in preventing credit discrimination.
• Examine recent developments in regulatory compliance, examinations, and enforcement actions related to Fair Lending.
• Understand the consequences of noncompliance, including civil money penalties, reputational risks, and restrictions on operations.
• Develop strategies for ensuring compliance with Fair Lending regulations and preparing for upcoming examinations and enforcement activities.

Who is the Target Audience?

• Legal & Compliance, Banking

Basic Knowledge:

• No prior knowledge is required