UDAAP: An Acronym You NEED To Know!

Friday, July 12, 2019

10:00 am – 11:30 am CT

Recommended for 2 CE Credits

Program Content:

The Consumer Financial Protection Bureau’s (CFPB) prohibition against unfair, deceptive and abusive acts and practices (UDAAP) is one of the most powerful enforcement weapons in the financial watchdog’s tool belt. Join Regulatory Compliance Counsel Michael Christians for this 90-minute webinar to learn more about what constitutes an unfair, deceptive, or abusive act or practice. In addition, we’ll take a look at guidance issued by the CFPB that discusses UDAAP risk related to credit card promotional offers and debt collection practices. Finally, we’ll survey the current enforcement landscape at both the state and federal level with a look at several UDAAP case studies.

Because UDAAP risk is present at every level of the organization, almost any financial institution employee would benefit from attending this webinar (including new accounts representatives, loan officers, managers, etc.) As a bonus, webinar participants will receive a sample UDAAP policy for use within their organization.

Covered Topics:

  • Unfair Acts and Practices
  • Deceptive Acts and Practices
  • Abusive Acts and Practices
  • CFPB Bulletin 2013-07: UDAAP and Debt Collection
  • CFPB Bulletin 2014-02: UDAAP Risk in Marketing of Credit Card Promotional APR Offers
  • UDAAP Enforcement Actions at the State and Federal Level

Who Should Attend:

Almost any financial institution employee would benefit from attending this webinar (including new accounts representatives, loan officers, managers, etc.).

Presenter:

As principal of Michael Christians Consulting, LLC, Michael assists financial institutions across the country with ensuring their compliance programs conform to Federal laws and regulations. He provides counsel relative to current rules, assists with the strategic implementation of upcoming regulatory changes and offers customized education and training services.

Michael has more than two decades of experience in the financial services industry with a primary focus on consumer compliance. He obtained his Juris Doctorate from Drake University Law School. He is a member of the Iowa State Bar where he is licensed to practice law.

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Course / Seminar Type: Recorded Webinars
Course / Seminar Category: Compliance and Risk Training
Course / Seminar Code:
Course / Seminar Start Date: 07/12/2019
Course / Seminar Price: $265
Course / Seminar Location: