Stay updated. Stay informed.

In collaboration with Winston & Strawn

In this episode of AFC’s Future of Finance Webinar Series, join leaders from Winston & Strawn, Kaufman Rossin, Dataseers, and Thread Bank, for an insightful webinar on brokered deposits. The financial services industry, particularly innovative banks partnered with fintech companies, rejoiced at the finalization of the FDIC’s 2020 rule amending its Brokered Deposits regulations. Many banks and fintech companies expanded their existing partnerships and improved access to banking for historically underserved communities. However, less than five years later, the agency has decided to upend the products and services that were established in response to the 2020 rule by proposing a new, and more limited, regulatory regime. In this session, panelists will delve into the complex relationship between banks and customers and explore the role of deposits from third parties in modern banking, focusing on the critical line of separation that exists between institutions and their clients. Key topics include the reconciliation process including KYC, the role of audit in providing assurance, compliant strategies for risk mitigation, how proposed rulemaking could affect financial services, and how banks can adapt to new regulations while responsibly protecting the interest of themselves and their clients.

In partnership with FORVIS & CompliSun

ACH Originators must stay current with the ACH Rules, including how updates and changes might impact business practices and operations. These changes are part of a larger Risk Management package intended to reduce the incidence of successful fraud attempts and improve the recovery of funds after frauds have occurred. With six changes coming, it’s important to know how they apply to the work you do. Join AFC Strategic Partners, FORVIS and CompliSun, as they review RFI guidance from regulators, summarize key ACH changes, explore their implications, and share ways to adapt to these new rules.

In collaboration with Hudson Cook LLP

This year, the Consumer Financial Protection Bureau (CFPB) introduced a new registry aimed at identifying and publishing the records of companies and the individuals responsible for repeat offenses resulting in enforcement actions. Additionally, the CFPB has proposed a rule to establish a public registry for terms and conditions in form contracts that seek to waive or limit consumer rights and protections. These registries can create challenges for companies' reporting and compliance processes, and therefore need to be adequately understood. Join leaders from Hudson Cook, Justin B. Hosie and Jay Harris, as well as former Associate Director for Research, Monitoring, and Regulations at the CFPB and current Senior Advisor at FS Vector, Ashwin Vasan, for an in-depth exploration of these new developments, as they break down what these registries mean for businesses and consumers alike, and how they could impact your practices and compliance strategies. Don’t miss this opportunity to stay ahead, understand the implications, and responsibly navigate these changes!