Today’s Board Essentials Module 5: Fair Lending for Directors

Compliance Human Resources Senior Management & Directors

Fair lending is the consistent, objective, unbiased treatment of all consumers without regard to any basis prohibited by law (i.e., race, color, religion, national origin, sex, age, marital status, etc.).

Recent legal changes now impose additional obligations on banks related to small business and minority- and women-owned businesses. Further, banks have started to integrate artificial intelligence (AI) into their lending processes. Learn more about the current issues in fair lending, the changing regulatory environment, and how your bank can defend against discrimination claims.

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