Are you confident your e-statement program is compliant with legal and regulatory guidelines? Do you adhere to E-SIGN and UETA? Is your enrollment process fully compliant? Do you allow accountholders to sign up for online banking in your lobby? Do your e-disclosures contain the required information, including mandatory technology guidelines? Could you provide evidence of accountholders’ affirmative consent if your
e-statement program triggered a lawsuit or regulatory audit?
Many financial institutions have unwittingly established unlawful online banking programs that violate E-SIGN. If you are caught operating a noncompliant program, every e-statement you’ve ever sent could be deemed legally invalid. Regulatory fines, defense costs, and legal settlements could far exceed the potential savings e-statements provide. Attend this program to learn vital information about E-SIGN, UETA, e-statements, e-disclosures, affirmative electronic consent, record retention, and more. Participants will receive a checklist to determine if your e-statement program is well-managed and compliant with legal, regulatory, and organizational guidelines.
Attendance verification for CE credits provided upon request.
Who Should Attend?
This must-attend session will ensure legally compliant e-banking. Compliance officers, risk managers, records managers, online banking personnel, operations managers, business development managers, and others charged with managing electronic banking, E-SIGN, e-statements, e-disclosures, and electronic business records will benefit from this program.
If you are having issues with registering online, please contact CBAO's Education & Training Coordinator, Lianne Simeone, (614) 610-1877.