Teleconference will focus on compliance topics related to new reg relief law (EGRRCPA)

Consumer compliance issues and topics related to regulatory relief legislation enacted last spring will be addressed in an Oct. 25 teleconference sponsored by the federal insurer of bank deposits.

In a Financial Institution Letter issued Wednesday (FIL 56-2018), the Federal Deposit Insurance Corp. (FDIC) said the 90-minute conference (from 2-3:30 p.m. ET) will address compliance related to the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA, S. 2155), enacted into law May 24. Advance registration is required. The FDIC said participants may join the teleconference from any location and are not required to be on-site at their institutions.

In addition to a presentation by staff, questions will be taken from participants. However, the agency said it encourages that questions be submitted in advance (to by Oct. 19.

The agency said the teleconference is part of its series of events for bankers, including teleconferences and webinars, “to maintain open lines of communication and update bank management and staff on important bank regulatory and emerging issues in the compliance and consumer protection area.”

FIL-56-2018 – PDF: Banker Teleconference Series: Consumer Compliance Provisions in the Economic Growth, Regulatory Relief, and Consumer Protection Act