Cybersecurity: Beyond Technology - Adopting the NIST Cybersecurity Framework (CSF) Standard for Governance
We want to introduce you to Cybernance. Cybernance is a a software-as-a-service platform using standards from the NIST Cybersecurity Framework (a national standard) to assess, measure and report an organization’s cyber maturity across various functions.
Mortgage Servicing Rule Amendments - Are You Ready?
We're in the final countdown until the first phase of the mortgage servicing amendments goes into effect! Are you ready? In this presentation, we’ll do a last-minute overview of the changes effective on October 19 and provide you with implementation checklists so you can make sure you haven’t missed anything. The session is intended for both small and large servicers.
The Top 5 Reasons to Automate Your CMS Now
The April 1, 2017 implementation of the new consumer compliance rating system now requires regulators to evaluate the quality of your institution’s compliance management system. More stringent examiner expectations, mounting cost pressures, human limitations, and technology advancements are just a few of the reasons to consider an automated CMS. Isn’t it time to take a look at RegTech solutions to help manage your compliance
Enabling Effective Risk Management Within the Three Lines of Defense Model
As a continuation of our webinar Making the Case for the Unified Compliance Management System Model, this presentation dives deeper into why a Unified CMS should include the three lines of defense: Preventive, Detective, and Corrective controls.
Making the Case for the Unified Compliance Management System Model
During this presentation, Pam Perdue, Continuity’s EVP & Chief Regulatory Officer, will walk through the case for adopting a Unified CMS Model. Whether your organization relies on manual methods, uses a hybrid of people plus some technology, or is completely automating its compliance efforts, this webinar will showcase how the proper framework and infrastructure can radically simplify (and dramatically transform!) your compliance outcomes.
Customer Due Diligence & Beneficial Ownership, Will You Be Ready?
This webinar presentation is for those trying to determine whether or not they are on the right track for May 2018 implementation. The presentation highlights the rule's requirements and address some of the areas where there may be questions.
Deposit Advertising FAQs
Reviewing deposit advertisements can be a challenge for even the most seasoned Compliance Officer. This webinar covers how the rules apply for specific types of deposit products, as well as any differences for various delivery methods.
Mortgage Servicing Rule Amendments - What & When?
Effective in October 2017 and April 2018, the rules for servicing mortgages are changing. Institutions servicing residential mortgage loans will be impacted. Throughout the session, we’ll give you a peek into Continuity’s automated compliance management system and the RegControls™ that our clients are using to comply with existing and changing rules related to mortgage servicing.
Our Take on DC's Regulatory Climate
The regulatory climate has gotten quite a bit of buzz since the new administration has moved quickly in naming regulatory change as a top priority. The bold actions already taken have left many bankers optimistic about regulatory burden reduction, however among banking and compliance industry veterans, there are questions as to precisely how the stated policy objectives will be accomplished...
FFIEC Finalized Consumer Rating Changes Series - Part Three - Violations of Law & Consumer Harm
The FFIEC has issued final changes to the Uniform Interagency Consumer Compliance Rating System. For examinations that start on or after March 31, 2017, ratings will be assigned based on the effectiveness of an institution's Compliance Management System (CMS). In this last session, we review how you can be proactive and evaluate any violations you identify so that you’re prepared when your examiners consider these factors...
FFIEC Finalized Consumer Rating Changes Series - Part Two, Board and Management Oversight
The FFIEC has issued final changes to the Uniform Interagency Consumer Compliance Rating System. For examinations that start on or after March 31, 2017, ratings will be assigned based on the effectiveness of an institution's Compliance Management System (CMS). In this second session, Board and Management Oversight, we identify best practices to help you make sure that your CMS meets examiner expectations for the following assessment factors...
FFIEC Finalized Consumer Rating Changes Series - Part One, Compliance Program
The FFIEC has issued final changes to the Uniform Interagency Consumer Compliance Rating System. For examinations that start on or after March 31, 2017, ratings will be assigned based on the effectiveness of an institution's Compliance Management System (CMS). In this first session, Compliance Program, we identify best practices to help you make sure that your CMS meets examiner expectations for the following assessment factors...
Will Your CMS Stand Up to Regulator Scrutiny?
In May, the FFIEC proposed changes to the agencies’ 40-year old Consumer Compliance Rating System. Rather than assigning ratings based strictly on technical compliance, examiners will be focusing on your Compliance Management System (CMS), with emphasis on:
- Board and management oversight;
- Regulatory change management processes;
- Effectiveness of policies and procedures (including compliance monitoring) in identifying and controlling risk;
- Whether problems are self-identified and promptly corrected; and
- Cause, severity and duration of any violations and the impact on consumers.
Loan Advertising Compliance - FAQs
Reviewing loan advertisements can be a challenge for even the most seasoned Compliance Officer. There are rules for mortgage loans, installment loans, HELOCs, and other open-end products. The requirements can be different depending on how the ad is being delivered...print, TV, website...and UDAAP is always lurking in the background!
FFIEC New Proposed Rule: Changes to Compliance Rating System
Our first webinar on the FFIEC's new proposal to change the existing Consumer Compliance Rating System (CC Rating System) that agencies use when examining financial institutions was so popular we have decided to run it again for anyone that missed it. Under the proposed system, each institution's rating would be based primarily on an assessment of the adequacy of its Compliance Management System (CMS). Do you know what this might mean for your institution?
Bring Your Compliance Committee Into The Modern Age
While technology advancements have propelled every area of your bank forward, the committee is running as hard as it can on a hamster wheel the same way it has for 20 years. In this webinar you’ll learn what hundreds of community banks that use RegAdvisor Pro™ by Continuity already know. By working smarter – not harder – you can make the most out of your team’s valuable time.
A new way to manage the Military Lending Act
Compliance with the amended Military Lending Act, which covers loans to active duty service members and their families, will be required beginning this October. Are you prepared for these significant changes?Download the Slides & Watch This Recording Now
A new way to manage the FAST Act: "Rural" Small Creditor Exemption
In our second webinar covering the FAST Act we tackled changes to the small creditor exemption. Are you prepared for these changes?Download the Slides & Watch This Recording Now
A new way to manage the FAST Act: Privacy Notice
Hidden within the 490 pages of the "Fixing America's Surface Transportation Act" (FAST Act) are several provisions that affect financial institutions, including changes to the annual privacy notice requirements. Are you prepared for these changes?Download the Slides & Watch This Recording Now
A new way to manage HMDA changes
Are you prepared for the slew of upcoming HMDA changes?Download the Slides & Watch This Recording Now
ACH 2016: What You Need to Know Now
Ringing in the New Year with new ACH rules may not be as fun as champagne and ball drops - but welcome to 2016! In this session, we'll cover the ACH landscape for the year ahead. 2016 brings us new rules on unauthorized entry fees, requiring originators to pay receivers a fee for each unauthorized debit. It also brings new disclosure obligations for consumers. And it's not too early to consider the impacts that same-day processing will have on your institution.Download the Slides & Watch This Recording Now
The Future of Audits - Technology enabled to deliver the verification needed simply
It’s time to rethink the way audits happen. Audits don’t have to be painful, costly or time-consuming. Continuity’s Remote Audit services are designed to support your internal audit operations in a cost-effective way. Our automated Compliance Management System (CMS) is used as a technology platform to conduct our audits. We have a team of highly qualified individuals to conduct independent internal audits. These are full audits which routinely withstand the scrutiny of various regulatory agencies and have proven to reduce the scope of onsite exams. Watch this recording to learn how we've successfully conducted over 750 remote audits for hundreds of institutions and every one has stood to examiner scrutiny.Download the Slides & Watch This Recording Now
Regulatory Change Management Tool
Over the years we have been asked to provide a tool to help institutions interpret and comply with regulatory change based on our data. So we have! RegAdvisor Pro™ is an easy-to-use tool that puts you in the driver's seat for all regulatory changes that impact your institution. Regulatory changes are interpreted and delivered as actionable tasks throughout your institution. Completing these intuitive tasks ensures compliance with the regulatory changes that impact you.Download the Slides & Watch This Recording Now
New Flood Rules - What Do They Mean? What Should You Be Doing?
Worried about how the deluge of new flood insurance regulations will impact your institution? In this session, we separate fact from fiction and break down the new interagency rules affecting loans in flood hazard areas. The surge of updates include changes regarding detached buildings, mandatory escrow, and forced placement clarifications. These significant changes become effective in two waves: October 1, 2015 and January 1, 2016. Don’t wait for the high-water mark: begin your planning and preparation now!Download the Slides & Watch This Recording Now
Interagency Statement on Diversity Policies and Practices - What Does It Mean for Community Financial Institutions?
Six federal agencies (OCC, FRB, FDIC, NCUA, CFPB, and SEC) recently released a statement recommending standards that financial institutions should use to assess their diversity policies and practices. Specifically, these standards relate to an institution’s diversity programs in the areas of employment practices and selection of third-party vendors.Download the Slides & Watch This Webinar Now
Bulletproof Your Institution's BSA/AML Program
Over the past three quarters, BSA/AML weaknesses have been the leading cause of enforcement actions against financial institutions of all shapes and sizes. We have seen that a "mature" compliance management system is critical to decreasing those weaknesses. On top of that, BSA/AML audits are becoming more stringent than ever.Download the Slides & Watch This Webinar Now
Vendor Management Compliance can be Easy and Repeatable
The volume of outsourced products and services that community financial institutions utilize is continuing to increase every year. As institutions increasingly rely on outside vendors, financial & reputational risk also increase. This recorded webinar presents guidance on vendor information gathering, assessing vendor contracts and effective monitoring and mitigation of vendor risk.Download the Slides & Watch This Webinar Now
Building a Compliance Culture to Improve Performance
Recent advisory guidance is suggesting that financial institutions need to demonstrate that they have built a strong “compliance culture” to effectively management risk. But what does that mean? And - beyond that - how can one be established or refined?
In this webinar, we will demystify the elements of what the regulators are looking for and provide practical advice on how you can build a compliance culture at your community bank or credit union. We will also share specific examples of how high performers think about compliance and use it to achieve their business goals.
Building a Compliance Scorecard: Demo of Continuity Control’s Scorecard
We had record attendance for our Webinar: Building a Compliance Scorecard – Visibility to Your Blind Spots. There were also lots of questions about some of the examples we presented using the Continuity Control Compliance Management System’s Scorecard functionality. To respond to the curiosity and help further demonstrate the business benefits of an ongoing compliance scorecard, we hosted a demonstration of how Continuity has delivered a solution that can be used for trending and reporting with your compliance team, executive team, board and examiners.
Building a Compliance Scorecard: Visibility to Your Blind Spots
If an examiner asks you this question: “Can you provide an accurate picture of your areas of risk?” Would you feel blindsided?
It’s a question that can unnerve the most composed banking executive and the most resilient of compliance officers. The reason why is that most community financial institutions just simply don’t have the tools in place to easily get a true picture of the state of their organization's regulatory compliance – that includes identifying potential risks, priorities and action plans. One tool that has proven exceptionally useful is a regulatory scorecard. This session will focus on how to build and implement a scorecard for your institution.