FACT Act: Essential Steps for Meeting the November Compliance Deadline (Audio Conference)

Audio Conference Series:

FACT Act: Essential Steps for Meeting the November Compliance Deadline

Order Online:
CD only:	$299.00

Date:	Thursday, September 18, 2008
Time:*	1:00 PM – 2:30 PM ET
Featured Speaker:	David Bequeaith
Duration:	90 Minutes
Location:	Your office or conference room
Prerequisites:	None

*Time reflects Daylight Saving Time
If your area does NOT observe Daylight Saving Time, the time will be one hour earlier.

Less than one-third of U.S. banks will be fully compliant with the U.S. government’s identity theft prevention rules by the November 1 deadline, according to a new study.

With the deadline looming, research by Needham, Mass.-based TowerGroup found that many U.S. financial services institutions have mistakenly considered compliance with the “Red Flags Rules,” as they are known, as merely an administrative exercise.

As a result, according to the research, most banks will need to take rapid action to meet the more stringent regulatory demands.

November 1, 2008 is a critical deadline for your financial institution.

The regulators expect your institution to comply with the Red Flag rules by November 1^st, 2008. Are you ready?

FACT Act: Essential Steps for Meeting the November Compliance Deadline will provide the steps you should be taking to successfully implement the major requirements and prepare for the November deadline. This interactive audio conference will dive into the details of the requirements and discuss pitfalls in implementation.

Get expert advice and step-by-step guidance on what you need to do.

Discussion of the Red Flag Regulations
Step-by-step guidance for developing and implementing an Identity Theft Prevention Program for both new and existing accounts. Essential steps and procedures include:
1. Verifying personal information
2. Establishing procedures to detect possible fraud in new accounts
3. Verifying the legitimacy of change of address requests on existing accounts
4. Maintaining adequate security standards
5. Reporting suspected identity theft
6. Authenticating online transactions
And much more!

Registration Includes:

Admittance to the 90-minute call for as many people as you can fit in a room with a speakerphone

Access to the specially created presentation handouts (made available 48 hours in advance) which can be printed and used to train your personnel

Participation in a 30-minute live Q&A with the speaker following the presentation

Certificates of completion for all audio conference attendees

Who Should Attend:

Compliance Officers
Consumer Credit Compliance Officers
Loan Officers
Operations Officers
Everyone involved with implementing and ensuring compliance with the FACT Act for your institution

About the Speaker:

David Bequeaith has 22 years of experience as an examiner, banker and consultant to financial institutions. He is the principal consultant for Bequeaith Banking Solutions, LLC specializing in risk management by providing compliance, loan portfolio monitoring and regulatory assistance to financial institutions on a local and regional basis.

Contact A. S. Pratt:
info.pratt@aspratt.com
800-456-2340

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