Carl Pry
Carl Pry is a Certified Regulatory Compliance Manager (CRCM) and Certified Risk Professional (CRP) who is a Senior Vice President and Compliance Manager for a large financial institution in Ohio. Through his working career, as well as through his experience as a banking attorney and officer, he has provided a variety of regulatory compliance and financial performance services to financial institutions and other clients throughout the country. He has written extensively regarding consumer and commercial compliance, tax, audit, and financial institution legal issues, and is a frequent contributor to and currently serves on the Editorial Advisory Board for the ABA Bank Compliance magazine. He has spoken at dozens of banking, compliance, and state bar associations, and has conducted training sessions for financial institutions across the country.
Tuesday, August 3rd, 2010
1:30 pm
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3:30 pm CT
It's been called many things – the compliance officer full-employment act, among them – but the financial reform bill is finally here. Not since the Great Depression will we see so many new agencies and offices created, new regulations written, existing regulations amended, and examination standards changed.
There are many big questions that go along with this big new law: How will this affect my bank? When will new rules be coming? Should we prepare now or should we wait? Will this affect different banks – by size, regulator, product line, etc. – in differing ways? When will the various provisions become effective?
In this webinar, we'll seek to answer these big questions, and get a start on many of the smaller ones. We'll present an overview of the legislation, focusing on its effects on banks, large and small.
Covered Topics:
- The Bureau of Consumer Financial Protection – the new king of compliance regulators
- Transfers of regulations and regulators – more than just the elimination of the OTS
- Permanent increases of deposit insurance
- New authority over insurance, securities, and derivatives activities
- Mandated changes to Regulations B, D, W, Z, CC, RESPA, HMDA, FCRA, appraisal rules, and others
- The Financial Stability Oversight Council – what is this and what can/will it do?
- Many new disclosures, and safe harbors
- “Abusive” products and services – the coming standard that will set the tone for virtually everything you do
- Dramatic changes to mortgage lending that will impact your operations and product offerings
- New preemption standards
We'll also provide ample time for questions and answers.
Who Should Attend?
This legislation is so wide-ranging, anyone in your bank could benefit from learning about this game-changing set of new laws and regulations. But we'll pay particular attention to the legal, compliance, and operational impacts of what is coming.
