Advertising Rules: Basics & How to Avoid UDAAP Traps (Web)

Member Fee:  $165 per connection
Non-Member Fee:  $265 per connection

Speaker: Susan Costonis, Compliance Consulting & Training for Financial Institutions

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All advertising is subject to a variety of deposit and lending regulation rules. That’s the easy part. Regulators have also jumped on the “UDAAP” bandwagon to make sure that nothing in the advertising and marketing practices is “unfair, deceptive, or abusive. The CFPB has issued
multi-million dollar enforcement actions for UDAAP violations, but even banks supervised by the OCC and FDIC must pay attention to the “new normal” of consumer protection. The FDIC added a new section to the Compliance Exam manual called “Evaluating Consumer Harm”.
Regulator and examiner attention to a bank’s advertising and marketing efforts is on overdrive.
When
12/5/2017 3:30 PM - 5:00 PM
 

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