Description
Failing to follow the fair lending compliance regulations can result in civil money penalties, restrictions on branching and significant reputational damage for an institution. During this webinar we will go through each of the regulations that fall under Fair Lending. Fair Lending for financial institutions encompasses a group of laws and regulations prohibiting discrimination in the extension of credit to consumers. Failing to follow the fair lending compliance regulations can result in civil money penalties, restrictions on branching and significant reputational damage for an institution.
During this webinar we will go through each of the regulations that fall under Fair Lending and take look at the latest developments in regulatory compliance.
Course Objectives
Identify key laws and regulations under the Fair Lending umbrella, including their purpose and role in preventing credit discrimination.
Examine recent developments in regulatory compliance, examinations, and enforcement actions related to Fair Lending.
Understand the consequences of noncompliance, including civil money penalties, reputational risks, and restrictions on operations.
Develop strategies for ensuring compliance with Fair Lending regulations and preparing for upcoming examinations and enforcement activities.
Target Audience
Legal & Compliance, Banking
Basic Understanding
No prior knowledge is required
Course Content
No sessions available.
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