Medallion & Signature Guarantee Risks, Rules & Best Practices

Compliance Frontline & New Accounts

On-Demand Webinar

StreamedMar 30, 2022Duration90 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

See Registration Options

Is the signature genuine?

Is the signer the appropriate party? Does the signer have legal capacity? What are the parameters of the Medallion program? What does a medallion stamp guarantee? Attend this webinar to learn the answers to these questions and more, including how to mitigate risk of loss.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

Distinguish among the various types of signature guarantees
Explain the STAMP Medallion Program and its requirements
Identify situations when signature or Medallion guarantees are used
Analyze the potential liability to your institution and how to reduce that risk
Determine the proper questions to ask to mitigate risk

Listen to a clip from this webinar!

WEBINAR DETAILS

Signature guarantees are not new, but the financial losses and administrative problems associated with them are increasing because many institutions do not understand the responsibilities and liabilities assumed when guaranteeing a signature or using a Medallion stamp. It is imperative that all financial institutions that issue or accept signature guarantees have effective internal controls to mitigate the associated losses and problems. Do you know the differences between the various signature guarantees, including the STAMP Medallion Program? Join us to learn the situations in which each type of signature guarantee is required, including analysis of the related risks and liabilities.

NOTE: This seminar is not sponsored by or affiliated with the STAMP Medallion Program.

WHO SHOULD ATTEND?

This informative session is designed for any staff member that issues or accepts signature guarantees or participates in the STAMP Medallion Program.

TAKE-AWAY TOOLKIT

Checklist of questions to ask before guaranteeing a signature or using a Medallion stamp
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 financial institution is prohibited. Print materials may be copied for eligible participants only.

Presented By

Elizabeth Fast