Preparing for Reg CC Rule Changes Part 2: Operations Systems, Audit & Reporting Implications

Friday, October 6, 2017

8:00 am – 9:30 am PT
9:00 am – 10:30 am MT
10:00 am – 11:30 am CT
11:00 am – 12:30 pm ET

As of early 2017, the Federal Reserve Banks received over 99.99 percent of checks electronically. In May 2017, the FRB issued the long-awaited final amendments to Regulation CC, which update the check collection and return provisions from the paper-based system of the past to the electronic system of today. These changes take effect July 1, 2018 – but the time to prepare is now!

Part 2 of this two-part series will provide implementation steps for your operations department, data systems, and audit scope that incorporate the upcoming changes. You’ll receive a detailed checklist and tips for working effectively with your operations department, audit staff, and third-party vendors to successfully adopt the changes and comply with the new rules.

Continuing Education: Attendance verification for CE credits upon request


  • Updated procedures for timely check collection and returns
  • Overview of proposed liability provisions
  • How to audit your Reg CC compliance program
  • Impact on accountholders
  • Training ideas for frontline staff

    • Sample operational procedures for check collection and returns
    • Audit/review checklist
    • Checklist for Reg CC change implementation
    • Employee training log
    • Quiz you can administer to measure staff learning and a separate answer key


"Preparing for Reg CC Rule Changes Part 1:
Impact, Detailed Changes & Action Plan"

Friday, September 8, 2017


This informative session is designed for deposit operations personnel, auditors, frontline staff, and compliance officers.

PLEASE NOTE: Program content is subject to copyright and intended for your individual financial institution’s use only.