As of Oct. 28, 2013, all financial institutions will be impacted by the new CFPB 1073 international remittance
rule (subpart B to Regulation E). This subpart was established to protect consumers who initiate cross border money transfers, including wire transfers, ACH (IAT), online bill pay, certain prepaid card loads, and sweep accounts. Participants will learn about recent amendments and their impact. All elements of the rule will be reviewed, including key requirements, practical considerations, and preparation steps credit unions can take to comply.
Presenter: Luann S. Kohlmann, AAP, NCP, WACHA
Who should attend: Branch Managers, Compliance Officers, Operations and CEOs
Time: 2 p.m.-3:30 p.m.
Cost: $209 for live webinar only; $229 for live webinar, plus a web link and free CD-ROM
Registration deadline: Friday, July 26
Pairing conferencing capabilities with web technology, this session brings informative, interactive training directly to you. During the webinar, you'll view a real-time PowerPoint presentation on your computer while listening to the audio connection via telephone.
While credit unions are encouraged to use the webinar to train multiple individuals at once, the credit union will be charged for each computer connection that uses its login code. Participants will receive login instructions and handout materials via email prior to the webinar. In addition, registrants may also receive an archive CD-ROM after the live session.