OFAC & Reg E Compliance with FedNow & RTP Payments
On-Demand Webinar
StreamedJul 27, 2023Duration90 minutes
- Unlimited & shareable access starting two business days after live stream
- Available on desktop, mobile & tablet devices 24/7
- Take-away toolkit
- Ability to download webinar video
- Presenter's contact info for questions
Don't miss this unique opportunity to deepen your understanding of OFAC and Reg E compliance in the fast-paced world of FedNow and RTP payments.
Equip
yourself with the knowledge and tools needed to navigate regulatory challenges
confidently and ensure your organization stays compliant, while taking full
advantage of the potential offered by real-time payment systems.
AFTER
THIS WEBINAR YOU’LL BE ABLE TO:
- Clearly understand the fundamentals of OFAC and Reg E, their objectives, and the implications for your organization in the context of FedNow and RTP payments
- Explain the key features and operations of the FedNow and RTP payment systems, and how they impact OFAC and Reg E compliance requirements
- Implement sound practices for integrating compliance measures into your real-time payment processes, including sanctions screening, error resolution, and consumer protection
- Identify potential compliance risks and challenges associated with FedNow and RTP and develop effective strategies to mitigate them
- Confidently engage in conversations with colleagues, stakeholders, and regulators on OFAC and Reg E compliance regarding FedNow and RTP payments
WEBINAR DETAILS
Join us for this informative and timely webinar on
Office of Foreign Assets Control (OFAC) and Regulation E compliance in the
context of FedNow and RTP (Real-Time Payment) payment systems. In this engaging
and interactive session, our expert speaker will provide an overview of the
OFAC and Reg E regulatory requirements and share insights on how to ensure
compliance while leveraging the advantages of FedNow, RTP systems, and other
related faster payments networks. Gain valuable knowledge and best practices to
navigate the complex regulatory landscape, mitigate risk, and stay ahead of the
curve in the rapidly evolving world of real-time payments.
WHO SHOULD ATTEND?
This informative session
is designed for BSA/AML officers and support staff, branch management, service
representatives, electronic banking staff, risk management personnel,
operations staff, compliance staff, internal auditors, and information security
personnel. Anyone involved in the processing, management, or oversight of
real-time payments will benefit.
TAKE-AWAY TOOLKIT
- OFAC’s Sanctions Compliance Guidance for Instant Payment Systems
- CFPB’s Electronic Fund Transfers FAQ
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
NOTE: All materials are subject to copyright. Transmission, retransmission,
or republishing of any webinar to other institutions or those not employed by
your institution is prohibited. Print materials may be copied for eligible
participants only.
TESTIMONIALS
"Kevin is always super engaging and fun to listen to. He has great knowledge and knows how to get it across."
- Mirjam, Waukesha State Bank
Presented By
Pidgin/Payments Professor
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