Compliance and operational risks will be the subjects of two workshops for bank directors next month, sponsored by the federal regulator of national banks.
The Office of the Comptroller of the Currency (OCC) said in a release that the workshops will be held in Milwaukee March 26 (on compliance risk) and on March 27 (on operational risks). The sessions are slated for the Hilton Garden Inn Milwaukee Downtown
The first session will focus on critical elements of an effective compliance risk management program, as well as major compliance risks and critical regulations. Topics of discussion include the Bank Secrecy Act, Flood Disaster Protection Act, Fair Lending, Home Mortgage Disclosure Act, Community Reinvestment Act, and other compliance hot topics.
The second session will address key components of operational risk, including people, processes, and systems. It will also cover governance, third-party risk, vendor management, internal fraud, and cybersecurity.
Cost for the workshops is $99; it is open to directors of national community banks and federal savings associations supervised by the OCC, and limited to the first 35 registrants.