UDAAP, the Risk is Real


$295.00

Presented by: Andy Zavoina
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You can't avoid accusations of UDAAP unless you know what it means. We will explore what makes a practice unfair or deceptive by digging into what regulators and the courts have had to say. We will review the teeth Congress gave to the area when it expanded UDAP to include the second "A" -- "Abusive" to better protect consumers. We'll review the definitions that must be used for UDAAP, and what it all means to your bank on a day-to-day basis.

We will explore the role of compliance auditing in the risk management program that will help keep you out of hot water. A core element to prevention is to "nip it in the bud" and that means monitoring complaints, analyzing them at a manager's level and properly responding to them. Effective complaint management is vital to avoiding that dreaded term examiners use - "a pattern or practice" of doing something that harms your customers. It could be unintentional and subjective. But recognizing and understanding the perception is key.

We will review actual enforcement actions published by regulatory agencies that affect financial institutions of all different sizes. You'll learn that UDAAP may be the enforcement vehicle a regulator chooses simply because it has more teeth than a specific regulation.

BONUS: Webinar participants will receive a Complaint and Inquiries Policy template as part of the course materials.

About the Speaker: Mr. Andy Zavoina, CRCM, has been in finance and banking for 35 years. Over 20 years were with a two-bank holding company that had $534 million in assets, 89 branches spanning Texas and nearly 500 ATMs. He has done loan workouts, has been a consumer, commercial and real estate lender and managed those departments, as well as being his banks first Webmaster. He was responsible for compliance, management, auditing, and training for both banks.

Mr. Zavoina is a recipient of the American Bankers Association’s Distinguished Service Award for his involvement and accomplishments in the field of regulatory compliance management. He is a past Chairman of the ABA’s Compliance Executive Committee, the Editorial Advisory Board for the ABA Compliance Magazine and served as a member of the ABA’s Compliance School Board. He is a BankersOnline Guru. He also served on the Texas Bankers Association's Compliance Committee.

He is a graduate of the ABA National Commercial Lending School, National Compliance and National Graduate Compliance School and is a Certified Regulatory Compliance Manager with the Institute of Certified Bankers. He has written articles and lectured on compliance, the use of the internet and technology as a tool, as well as compliance in cyberspace to local, state and national associations across the U.S. and teaches basic compliance and compliance management.

You can reach Andy on the Internet by using his e-mail address, andyz@bankersonline.com, or visiting http://www.bankersonline.com.

This program was recorded in its entirety in December 2019. The CD-ROM includes program slides, materials (if available) and follow-up Q & A document.

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  • Model: cd_udaap1219
  • Manufactured by: Glia Group, Inc.


This product was added to our catalog on Wednesday 16 October, 2019.

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