On Wednesday, May 31, 2017, the Federal Reserve Board announced final amendments to the check collection and return provisions in Regulation CC (Availability of Funds and Collection of Checks) along with an additional proposed amendment to Regulation CC’s liability provisions.

During this important online compliance seminar, we will examine the impacts of Regulation CC holds on local items and exception holds to both the front- and back-office processing operations of a financial institution and how these changes will affect all institutions. In addition to learning about the new revisions from the Federal Reserve, attendees will also leave with a full understanding of appropriate holds for deposited items, what disclosure must be given to account holders and what constitutes an expeditious return, plus much more.

What Attendees Will Learn:

• Changes and timelines to Regulation CC from the Federal Reserve Bank
• What these changes mean for institutions and customers
• Standards for proper holds for “local” items
• Holds for items deposited in ATMs
• Rules pertaining to proper holds for new accounts
• Return timeframes associated with “local” items

REGISTRATION OPTIONS

If you are having issues with registering online, please contact CBAO's Education & Training Coordinator, Lianne Simeone, (614) 610-1877.