Episode 32
Regulatory Brief for January 2022
In this podcast episode, we chat about the latest regulatory changes for financial institutions, covering everything from COVID vaccination mandates and the cryptocurrency vs. government-backed digital currency debate to new supervisory priorities for credit unions and a jaw-dropping settlement involving mortgage loan originators.
Every month, Ncontracts compliance experts provide an overview and analysis of the latest regulatory updates to help you keep up with the rapidly evolving nature of the industry. In this episode, Stephanie Lyon, VP of Compliance, is joined by compliance experts Robert Brosh and Shelby Montgomery to discuss regulatory changes that occurred in the month of January 2022 and what they mean for your financial institution.
Hey there! It's Aileen McDonough, your go-to gal for all things regulatory updates in the financial world. I've got some seriously exciting stuff to spill from our latest episode of "The Ncast" monthly regulatory brief. Buckle up, my friend!
So, picture this: Robert Brosh and Shelby Montgomery, the regulatory compliance gurus, joined me on the podcast. We dove deep into the wild world of financial regulations, and let me tell you, it's like they had a crystal ball predicting the future. From COVID vaccination requirements hitting the Supreme Court to the epic showdown between cryptocurrency and good ol' government-backed digital currency, they've got the 411 on all the juicy details.
But wait, there's more! We hopped on the rollercoaster of credit unions, trust me, it's not just about cute commercials and catchy jingles. NCUA has some new supervisory priorities, and you won't believe what they're eyeing. Oh, and hang tight, because there's a seriously cool new examination tool that'll have you rethinking your exam game plan.
Mortgage companies, listen up! We uncovered a jaw-dropping settlement involving hundreds of mortgage loan originators and a sneaky scheme they thought would fly under the radar. Spoiler alert: it didn't. The consequences are real, and you'll want to hear all about it.
Now, I don't want to give it all away, but if you're into financial regulations, and let's be real, who isn't, you're gonna want to catch this episode. Tune in for some insider insights, some jaw-dropping revelations, and trust me, you'll be ready to navigate the financial compliance world like a pro. Catch you on the airwaves, my friend!
In this episode, you will learn
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Introducing Robert Brosh and Shelby Montgomery, Regulatory Compliance Councils with our Subject Matter Expert Group.(0:00)Introducing Robert Brosh and Shelby Montgomery, Regulatory Compliance Councils with our Subject Matter Expert Group.
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What does this mean for the banks?(4:18)What does this mean for the banks?
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Federal laws and regulations around vacation policies.(8:29)Federal laws and regulations around vacation policies.
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Supervisory priorities for credit unions.(14:58)Supervisory priorities for credit unions.
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BSA compliance.(19:49)BSA compliance.
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Examinations and examination updates.(25:09)Examinations and examination updates.
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