There is still time to register for the October Fall Compliance Conference at the Senator Inn in Augusta. This two-day event has a robust agenda focusing on both state and federal regulations that impact Maine’s credit unions, as well as compliance resources.

You can register for one or both days.  Visit the League’s Event Calendar to register.  A conference schedule for each day is outlined below.

Tuesday, October 23

8:30 – 9:30 am            ComplySight Overview

Learn how ComplySight, a self-assessment tool, can help your credit union stay on top of regulatory changes and manage the compliance jungle. This presentation will include a demonstration of the site’s functionality.

Presenter:  Barb Boyd, CUCE, BSACS – Compliance Content Manager, CU Solutions Group

9:30 – 10:30 am         InfoSight – A Compliance Resource

Credit union compliance professionals are faced with long to-do lists while keeping up with ever changing laws and regulations. There is no lack of resources available, but finding time to research them can sometimes feel overwhelming. Your League has an abundance of compliance resources available to help ease the burden. We will take a closer look at InfoSight and other resources that are often underutilized to help you navigate the latest laws and regulations.

Presenter:   Mary Ann Koelzer, Technology Product Manager, CU Solutions Group

10:30 am – Noon       Regulatory Topics Overview

  • The impact of S.2155 – Economic Growth, Regulatory Relief and Consumer Protection Act
  • Home Mortgage Disclosure Act – Implementing HMDA Requirements
  • Vendor Risk Management
  • Compliance Challenges of Bankruptcy, Foreclosure and Collections
  • NCUA’s Examination Modernization Initiatives

Presenter: Attorney David Reed, Reed & Jolly, PLLC

Noon – 1:00 pm         Lunch

1:00 pm – 4:00 pm      Regulatory Topics Overview Continues

Wednesday, October 24

9:00 -10:00 am            Fraud Trends in Maine and New England

Get a first-hand account of the fraud trends that law enforcement officials are seeing here in Maine and New England including senior financial abuse, data breaches, social media and email account scams.

Presenter: FBI Boston Field Office, District of Maine

10:30 am – Noon       Regulatory Topics Overview

  • The National Perspective on Cybersecurity and Data Breach
  • BSA Updates including Beneficial Owners and CDD Rule Changes
  • Remote Deposit Capture
  • Overdraft Account Issues and the CFPB
  • ADA Website Compliance
  • Serving the Marijuana Industry: Potential Changes in FinCEN Guidance

Presenter: Attorney David Reed, Reed & Jolly, PLLC

Noon – 1:00 pm         Lunch

1:00 pm – 4:00 pm      Regulatory Topics Overview Continues