SlideShare une entreprise Scribd logo
1  sur  47
New Rules in 2011 For Financial Literacy and For Fiduciary Liability –  Board Members Be Ready   Virginia Credit Union League
New Rules in 2011 For Financial Literacy and For Fiduciary Liability –  Board Members Be Ready   Virginia Credit Union League
Today’s Agenda ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Overview of Corporate Governance ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Overview of Corporate Governance ,[object Object],[object Object],[object Object],[object Object],[object Object]
Overview of Corporate Governance ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Overview of Corporate Governance ,[object Object],[object Object],[object Object]
Overview of Corporate Governance ,[object Object],[object Object],[object Object],[object Object]
Overview of Corporate Governance ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Overview of Corporate Governance ,[object Object],[object Object],[object Object]
Federal Credit Union Act ,[object Object],[object Object]
What if you breach? ,[object Object],[object Object],[object Object],[object Object],[object Object]
Indemnification ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Indemnification 12 CFR 701.33 ,[object Object],[object Object],[object Object],[object Object]
Directors are Responsible for General Direction and Control of the Credit Union ,[object Object],[object Object],[object Object],[object Object],[object Object]
 
A Framework for Meeting the New Expectations
 
NCUA’s Fiduciary Duties Regulation
Overview of Rule ,[object Object],[object Object],[object Object]
Fiduciary Duties ,[object Object],[object Object],[object Object],[object Object],[object Object]
 
Fiduciary Duties Thumbnail Sketch ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Fiduciary Duties 12 CFR 701.4 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Fiduciary Duties 12 CFR 701.4 ,[object Object],[object Object],[object Object],[object Object]
Fiduciary Duties 12 CFR 701.4 Outside Staff and Consultants ,[object Object],[object Object],[object Object]
Director and Staff Involvement ,[object Object],[object Object],[object Object],[object Object]
NCUA Discussion ,[object Object],[object Object],[object Object]
Summary ,[object Object],[object Object]
[object Object],Financial Literacy
Fiduciary Duties 12 CFR 701.4 ,[object Object],[object Object],[object Object]
Financial Literacy Overview ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Minimum Standard ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Minimum Standard ,[object Object]
Identify the Risks ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],Financial Literacy
What Does the Policy Have to Look Like? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Give Them a Policy! ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Training ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Fiduciary Duties Thumbnail Sketch ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Board Composition and Governance ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Board Resources ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Parting Thoughts ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Minimum Standard ,[object Object]
Panel ,[object Object],[object Object],[object Object]
E. Andrew Keeney, Esq. Kaufman & Canoles, P.C. 150 West Main Street, Suite 2100 Norfolk, VA 23510 (757) 624-3153 [email_address]
New Rules in 2011 For Financial Literacy and For Fiduciary Liability –  Board Members Be Ready   Virginia Credit Union League

Contenu connexe

Tendances

Roles & Responsibilities: A Primer
Roles & Responsibilities: A PrimerRoles & Responsibilities: A Primer
Roles & Responsibilities: A PrimerFinancial Poise
 
The role of the Non Executive Director
The role of the Non Executive DirectorThe role of the Non Executive Director
The role of the Non Executive DirectorMHidzir Ismail
 
Non Executive Director
Non Executive DirectorNon Executive Director
Non Executive Directordavidlever
 
The Guide For Non Executive Directors
The Guide For Non Executive DirectorsThe Guide For Non Executive Directors
The Guide For Non Executive DirectorsNB
 
Compliance And Governance For Not For Profit Board Members
Compliance And Governance For Not For Profit Board MembersCompliance And Governance For Not For Profit Board Members
Compliance And Governance For Not For Profit Board Membersj3adams
 
How Has the Recent NCUA Rule Affected Board Liability (Credit Union Conferenc...
How Has the Recent NCUA Rule Affected Board Liability (Credit Union Conferenc...How Has the Recent NCUA Rule Affected Board Liability (Credit Union Conferenc...
How Has the Recent NCUA Rule Affected Board Liability (Credit Union Conferenc...NAFCU Services Corporation
 
Everett Advisory Partners 10.01.10
Everett Advisory Partners   10.01.10Everett Advisory Partners   10.01.10
Everett Advisory Partners 10.01.10Stephen Curry
 
Role Of Chairman And Non Executive Director In A Private Equity Backed Business
Role Of Chairman And Non Executive Director In A Private Equity Backed BusinessRole Of Chairman And Non Executive Director In A Private Equity Backed Business
Role Of Chairman And Non Executive Director In A Private Equity Backed Businessrudil
 
Boards Reliance On Corporate Counsel
Boards Reliance On Corporate CounselBoards Reliance On Corporate Counsel
Boards Reliance On Corporate CounselFayFeeney
 
04 003-executive summary
04 003-executive summary04 003-executive summary
04 003-executive summarygayusen
 
Best Practice Corporate Board Governance
Best Practice Corporate Board GovernanceBest Practice Corporate Board Governance
Best Practice Corporate Board Governancephil_farrell
 
Delinquency control & capital build up for cooperatives
Delinquency control & capital build up for cooperativesDelinquency control & capital build up for cooperatives
Delinquency control & capital build up for cooperativesefferson ramirez
 
NYMACC 2011 Roles and Responsibilities for Your Arts Organization Board
NYMACC 2011 Roles and Responsibilities for Your Arts Organization BoardNYMACC 2011 Roles and Responsibilities for Your Arts Organization Board
NYMACC 2011 Roles and Responsibilities for Your Arts Organization BoardAndrew Marietta
 
Board compensation
Board compensationBoard compensation
Board compensationmjdoron
 

Tendances (20)

Roles & Responsibilities: A Primer
Roles & Responsibilities: A PrimerRoles & Responsibilities: A Primer
Roles & Responsibilities: A Primer
 
The role of the Non Executive Director
The role of the Non Executive DirectorThe role of the Non Executive Director
The role of the Non Executive Director
 
Non Executive Director
Non Executive DirectorNon Executive Director
Non Executive Director
 
ABCs of Building Better Boards
ABCs of Building Better BoardsABCs of Building Better Boards
ABCs of Building Better Boards
 
The Guide For Non Executive Directors
The Guide For Non Executive DirectorsThe Guide For Non Executive Directors
The Guide For Non Executive Directors
 
Us Cg
Us CgUs Cg
Us Cg
 
Compliance And Governance For Not For Profit Board Members
Compliance And Governance For Not For Profit Board MembersCompliance And Governance For Not For Profit Board Members
Compliance And Governance For Not For Profit Board Members
 
How Has the Recent NCUA Rule Affected Board Liability (Credit Union Conferenc...
How Has the Recent NCUA Rule Affected Board Liability (Credit Union Conferenc...How Has the Recent NCUA Rule Affected Board Liability (Credit Union Conferenc...
How Has the Recent NCUA Rule Affected Board Liability (Credit Union Conferenc...
 
Board – Management Relationship
Board – Management RelationshipBoard – Management Relationship
Board – Management Relationship
 
Everett Advisory Partners 10.01.10
Everett Advisory Partners   10.01.10Everett Advisory Partners   10.01.10
Everett Advisory Partners 10.01.10
 
BVI Conference 2016 - Simon Gray: Governance from a Regulatory Perspective
BVI Conference 2016 - Simon Gray: Governance from a Regulatory PerspectiveBVI Conference 2016 - Simon Gray: Governance from a Regulatory Perspective
BVI Conference 2016 - Simon Gray: Governance from a Regulatory Perspective
 
Puzzlebox comp 2010
Puzzlebox comp 2010Puzzlebox comp 2010
Puzzlebox comp 2010
 
Role Of Chairman And Non Executive Director In A Private Equity Backed Business
Role Of Chairman And Non Executive Director In A Private Equity Backed BusinessRole Of Chairman And Non Executive Director In A Private Equity Backed Business
Role Of Chairman And Non Executive Director In A Private Equity Backed Business
 
Boards Reliance On Corporate Counsel
Boards Reliance On Corporate CounselBoards Reliance On Corporate Counsel
Boards Reliance On Corporate Counsel
 
04 003-executive summary
04 003-executive summary04 003-executive summary
04 003-executive summary
 
Best Practice Corporate Board Governance
Best Practice Corporate Board GovernanceBest Practice Corporate Board Governance
Best Practice Corporate Board Governance
 
Delinquency control & capital build up for cooperatives
Delinquency control & capital build up for cooperativesDelinquency control & capital build up for cooperatives
Delinquency control & capital build up for cooperatives
 
NYMACC 2011 Roles and Responsibilities for Your Arts Organization Board
NYMACC 2011 Roles and Responsibilities for Your Arts Organization BoardNYMACC 2011 Roles and Responsibilities for Your Arts Organization Board
NYMACC 2011 Roles and Responsibilities for Your Arts Organization Board
 
2015 Investor Survey Deconstructing Proxy Statements — What Matters to Investors
2015 Investor Survey Deconstructing Proxy Statements — What Matters to Investors2015 Investor Survey Deconstructing Proxy Statements — What Matters to Investors
2015 Investor Survey Deconstructing Proxy Statements — What Matters to Investors
 
Board compensation
Board compensationBoard compensation
Board compensation
 

En vedette

Risks and Liabilities of Loan Participations, Part II
Risks and Liabilities ofLoan Participations, Part IIRisks and Liabilities ofLoan Participations, Part II
Risks and Liabilities of Loan Participations, Part IIKaufman & Canoles
 
Understanding the Fundamentals of Credit Union Third-Party Vendor Due Diligence
Understanding the Fundamentals of Credit Union Third-Party Vendor Due DiligenceUnderstanding the Fundamentals of Credit Union Third-Party Vendor Due Diligence
Understanding the Fundamentals of Credit Union Third-Party Vendor Due DiligenceKaufman & Canoles
 
Cyber Security (Emerging Threats)
Cyber Security (Emerging Threats)Cyber Security (Emerging Threats)
Cyber Security (Emerging Threats)Kaufman & Canoles
 
Credit Union Retained Counsel
Credit Union Retained CounselCredit Union Retained Counsel
Credit Union Retained CounselKaufman & Canoles
 
Powers of Attorney & Subpoenas - The Rights, Abuses & Potential Liabilities t...
Powers of Attorney & Subpoenas - The Rights, Abuses & Potential Liabilities t...Powers of Attorney & Subpoenas - The Rights, Abuses & Potential Liabilities t...
Powers of Attorney & Subpoenas - The Rights, Abuses & Potential Liabilities t...Kaufman & Canoles
 
2013 VCUL Fall Compliance Conference Presentation
2013 VCUL Fall Compliance Conference Presentation 2013 VCUL Fall Compliance Conference Presentation
2013 VCUL Fall Compliance Conference Presentation Kaufman & Canoles
 
Tila respa, one of the most expensive changes in decades
Tila respa, one of the most expensive changes in decadesTila respa, one of the most expensive changes in decades
Tila respa, one of the most expensive changes in decadesKaufman & Canoles
 
Focus on Fair Lending... Tips to Avoid the Traps
Focus on Fair Lending... Tips to Avoid the TrapsFocus on Fair Lending... Tips to Avoid the Traps
Focus on Fair Lending... Tips to Avoid the TrapsKaufman & Canoles
 
NCUA Board of Directors Policies
NCUA Board of Directors PoliciesNCUA Board of Directors Policies
NCUA Board of Directors PoliciesKaufman & Canoles
 
Social Media Compliance Risks
Social Media Compliance RisksSocial Media Compliance Risks
Social Media Compliance RisksKaufman & Canoles
 
Powers of Attorney & Subpoenas, the Mistakes, Abuses & Potential Liability to...
Powers of Attorney & Subpoenas, the Mistakes, Abuses & Potential Liability to...Powers of Attorney & Subpoenas, the Mistakes, Abuses & Potential Liability to...
Powers of Attorney & Subpoenas, the Mistakes, Abuses & Potential Liability to...Kaufman & Canoles
 
NAFCU Regulatory Compliance Seminar Focus on Fair Lending
NAFCU Regulatory Compliance Seminar Focus on Fair Lending NAFCU Regulatory Compliance Seminar Focus on Fair Lending
NAFCU Regulatory Compliance Seminar Focus on Fair Lending Kaufman & Canoles
 
Loan Modification – Workout Plans and Modification
Loan Modification – Workout Plans and ModificationLoan Modification – Workout Plans and Modification
Loan Modification – Workout Plans and ModificationKaufman & Canoles
 

En vedette (15)

Risks and Liabilities of Loan Participations, Part II
Risks and Liabilities ofLoan Participations, Part IIRisks and Liabilities ofLoan Participations, Part II
Risks and Liabilities of Loan Participations, Part II
 
Understanding the Fundamentals of Credit Union Third-Party Vendor Due Diligence
Understanding the Fundamentals of Credit Union Third-Party Vendor Due DiligenceUnderstanding the Fundamentals of Credit Union Third-Party Vendor Due Diligence
Understanding the Fundamentals of Credit Union Third-Party Vendor Due Diligence
 
Cyber Security (Emerging Threats)
Cyber Security (Emerging Threats)Cyber Security (Emerging Threats)
Cyber Security (Emerging Threats)
 
Credit Union Retained Counsel
Credit Union Retained CounselCredit Union Retained Counsel
Credit Union Retained Counsel
 
Powers of Attorney & Subpoenas - The Rights, Abuses & Potential Liabilities t...
Powers of Attorney & Subpoenas - The Rights, Abuses & Potential Liabilities t...Powers of Attorney & Subpoenas - The Rights, Abuses & Potential Liabilities t...
Powers of Attorney & Subpoenas - The Rights, Abuses & Potential Liabilities t...
 
Cybersecurity Workshop
Cybersecurity Workshop Cybersecurity Workshop
Cybersecurity Workshop
 
2013 VCUL Fall Compliance Conference Presentation
2013 VCUL Fall Compliance Conference Presentation 2013 VCUL Fall Compliance Conference Presentation
2013 VCUL Fall Compliance Conference Presentation
 
Tila respa, one of the most expensive changes in decades
Tila respa, one of the most expensive changes in decadesTila respa, one of the most expensive changes in decades
Tila respa, one of the most expensive changes in decades
 
Focus on Fair Lending... Tips to Avoid the Traps
Focus on Fair Lending... Tips to Avoid the TrapsFocus on Fair Lending... Tips to Avoid the Traps
Focus on Fair Lending... Tips to Avoid the Traps
 
NCUA Board of Directors Policies
NCUA Board of Directors PoliciesNCUA Board of Directors Policies
NCUA Board of Directors Policies
 
Social Media Compliance Risks
Social Media Compliance RisksSocial Media Compliance Risks
Social Media Compliance Risks
 
Powers of Attorney & Subpoenas, the Mistakes, Abuses & Potential Liability to...
Powers of Attorney & Subpoenas, the Mistakes, Abuses & Potential Liability to...Powers of Attorney & Subpoenas, the Mistakes, Abuses & Potential Liability to...
Powers of Attorney & Subpoenas, the Mistakes, Abuses & Potential Liability to...
 
NAFCU Regulatory Compliance Seminar Focus on Fair Lending
NAFCU Regulatory Compliance Seminar Focus on Fair Lending NAFCU Regulatory Compliance Seminar Focus on Fair Lending
NAFCU Regulatory Compliance Seminar Focus on Fair Lending
 
Focus on Fair Lending
Focus on Fair LendingFocus on Fair Lending
Focus on Fair Lending
 
Loan Modification – Workout Plans and Modification
Loan Modification – Workout Plans and ModificationLoan Modification – Workout Plans and Modification
Loan Modification – Workout Plans and Modification
 

Similaire à New Rules in 2011 for Financial Literacy and For Fiduciary Liability

Bank Director Pp
Bank Director PpBank Director Pp
Bank Director Ppmnprice
 
Corporate governance in Bank and Financial institution report
Corporate governance in Bank and Financial institution reportCorporate governance in Bank and Financial institution report
Corporate governance in Bank and Financial institution reporthasnainali777
 
Compliance Boot Camp
Compliance Boot CampCompliance Boot Camp
Compliance Boot CampDELSKL
 
Governance Session
Governance SessionGovernance Session
Governance Sessioncbaacomms
 
Clark Hill Plc Presentation Responsibilities Of Service For Directors Of No...
Clark Hill Plc Presentation   Responsibilities Of Service For Directors Of No...Clark Hill Plc Presentation   Responsibilities Of Service For Directors Of No...
Clark Hill Plc Presentation Responsibilities Of Service For Directors Of No...terwoz
 
Legal Responsibilities of Board Members
Legal Responsibilities of Board MembersLegal Responsibilities of Board Members
Legal Responsibilities of Board MembersBill Taylor
 
Fiduciary Duties
Fiduciary DutiesFiduciary Duties
Fiduciary Dutiesmarkpetrie1
 
Corporate Governance Guide EN
Corporate Governance Guide ENCorporate Governance Guide EN
Corporate Governance Guide ENahli bank
 
Chevron Corp_Corporate Governance_Governance Guidelines
Chevron Corp_Corporate Governance_Governance GuidelinesChevron Corp_Corporate Governance_Governance Guidelines
Chevron Corp_Corporate Governance_Governance GuidelinesManya Mohan
 
Ahli annual report english cg guidelines
Ahli annual report english cg guidelinesAhli annual report english cg guidelines
Ahli annual report english cg guidelinesahli bank
 
Ahli annual report english cg guidelines
Ahli annual report english cg guidelinesAhli annual report english cg guidelines
Ahli annual report english cg guidelinesahli bank
 
Senior Seminar in Business Administration BUS 499Corporate.docx
Senior Seminar in Business Administration BUS 499Corporate.docxSenior Seminar in Business Administration BUS 499Corporate.docx
Senior Seminar in Business Administration BUS 499Corporate.docxedgar6wallace88877
 

Similaire à New Rules in 2011 for Financial Literacy and For Fiduciary Liability (20)

The Directors Tutorial
The Directors TutorialThe Directors Tutorial
The Directors Tutorial
 
Bank Director Pp
Bank Director PpBank Director Pp
Bank Director Pp
 
Board of directors
Board of directorsBoard of directors
Board of directors
 
Corporate governance in Bank and Financial institution report
Corporate governance in Bank and Financial institution reportCorporate governance in Bank and Financial institution report
Corporate governance in Bank and Financial institution report
 
Compliance Boot Camp
Compliance Boot CampCompliance Boot Camp
Compliance Boot Camp
 
Governance Session
Governance SessionGovernance Session
Governance Session
 
07-Governance-Issues.pdf
07-Governance-Issues.pdf07-Governance-Issues.pdf
07-Governance-Issues.pdf
 
Clark Hill Plc Presentation Responsibilities Of Service For Directors Of No...
Clark Hill Plc Presentation   Responsibilities Of Service For Directors Of No...Clark Hill Plc Presentation   Responsibilities Of Service For Directors Of No...
Clark Hill Plc Presentation Responsibilities Of Service For Directors Of No...
 
Legal Responsibilities of Board Members
Legal Responsibilities of Board MembersLegal Responsibilities of Board Members
Legal Responsibilities of Board Members
 
Fiduciary Duties
Fiduciary DutiesFiduciary Duties
Fiduciary Duties
 
Company law
Company lawCompany law
Company law
 
Nycon dec gov training
Nycon dec gov trainingNycon dec gov training
Nycon dec gov training
 
Governance Of Microfinance Institutions
Governance Of Microfinance InstitutionsGovernance Of Microfinance Institutions
Governance Of Microfinance Institutions
 
Corporate Governance Guide EN
Corporate Governance Guide ENCorporate Governance Guide EN
Corporate Governance Guide EN
 
Chevron Corp_Corporate Governance_Governance Guidelines
Chevron Corp_Corporate Governance_Governance GuidelinesChevron Corp_Corporate Governance_Governance Guidelines
Chevron Corp_Corporate Governance_Governance Guidelines
 
Lic
LicLic
Lic
 
Ahli annual report english cg guidelines
Ahli annual report english cg guidelinesAhli annual report english cg guidelines
Ahli annual report english cg guidelines
 
Ahli annual report english cg guidelines
Ahli annual report english cg guidelinesAhli annual report english cg guidelines
Ahli annual report english cg guidelines
 
Senior Seminar in Business Administration BUS 499Corporate.docx
Senior Seminar in Business Administration BUS 499Corporate.docxSenior Seminar in Business Administration BUS 499Corporate.docx
Senior Seminar in Business Administration BUS 499Corporate.docx
 
Icab lectures chapter 12, Business and Finance, ICAB
Icab lectures chapter 12, Business and Finance, ICABIcab lectures chapter 12, Business and Finance, ICAB
Icab lectures chapter 12, Business and Finance, ICAB
 

Plus de Kaufman & Canoles

Mortgage Delinquency & Collections
Mortgage Delinquency & CollectionsMortgage Delinquency & Collections
Mortgage Delinquency & CollectionsKaufman & Canoles
 
Due Diligence: A Necessity in a New Environment
Due Diligence: A Necessity in a New EnvironmentDue Diligence: A Necessity in a New Environment
Due Diligence: A Necessity in a New EnvironmentKaufman & Canoles
 
Ceo, Director and Officer Liabilities and the Risks of Being Sued
Ceo, Director and Officer Liabilities and the Risks of Being SuedCeo, Director and Officer Liabilities and the Risks of Being Sued
Ceo, Director and Officer Liabilities and the Risks of Being SuedKaufman & Canoles
 
NCUA's Examinations and Your Credit Union's Rights
NCUA's Examinations and Your Credit Union's RightsNCUA's Examinations and Your Credit Union's Rights
NCUA's Examinations and Your Credit Union's RightsKaufman & Canoles
 
NEACH - Diving Into Social Media Social Payments
NEACH - Diving Into Social Media Social PaymentsNEACH - Diving Into Social Media Social Payments
NEACH - Diving Into Social Media Social PaymentsKaufman & Canoles
 
AACUC - Real Estate Strategies
AACUC - Real Estate StrategiesAACUC - Real Estate Strategies
AACUC - Real Estate StrategiesKaufman & Canoles
 
NAFCU Regulatory Compliance Seminar - Required Policies and Risk Assessments
NAFCU Regulatory Compliance Seminar - Required Policies and Risk AssessmentsNAFCU Regulatory Compliance Seminar - Required Policies and Risk Assessments
NAFCU Regulatory Compliance Seminar - Required Policies and Risk AssessmentsKaufman & Canoles
 
Nuts and Bolts to the Post-Judgment Process
Nuts and Bolts to the Post-Judgment ProcessNuts and Bolts to the Post-Judgment Process
Nuts and Bolts to the Post-Judgment ProcessKaufman & Canoles
 
Truth-in-Lending - RESPA: The New Rules
Truth-in-Lending - RESPA: The New RulesTruth-in-Lending - RESPA: The New Rules
Truth-in-Lending - RESPA: The New RulesKaufman & Canoles
 
Focus on Fair Lending… Tips to Avoid the Traps!
Focus on Fair Lending… Tips to Avoid the Traps!Focus on Fair Lending… Tips to Avoid the Traps!
Focus on Fair Lending… Tips to Avoid the Traps!Kaufman & Canoles
 
NCUA Board of Directors Policies
NCUA Board of Directors Policies NCUA Board of Directors Policies
NCUA Board of Directors Policies Kaufman & Canoles
 
Strategic Loan Particpations - The Good, the Bad and Maybe Even the Ugly
Strategic Loan Particpations - The Good, the Bad and Maybe Even the UglyStrategic Loan Particpations - The Good, the Bad and Maybe Even the Ugly
Strategic Loan Particpations - The Good, the Bad and Maybe Even the UglyKaufman & Canoles
 
Telephone Consumer Protection Act (“TCPA”) The Basics, Recent Regulatory Cha...
Telephone Consumer Protection Act (“TCPA”)The Basics, Recent Regulatory Cha...Telephone Consumer Protection Act (“TCPA”)The Basics, Recent Regulatory Cha...
Telephone Consumer Protection Act (“TCPA”) The Basics, Recent Regulatory Cha...Kaufman & Canoles
 
NAFCU Ability to Repay and Qualified Mortgage Rules
NAFCU Ability to Repay and Qualified Mortgage RulesNAFCU Ability to Repay and Qualified Mortgage Rules
NAFCU Ability to Repay and Qualified Mortgage RulesKaufman & Canoles
 
Focus on Fair Lending - Member Select Mortgage Presentation
Focus on Fair Lending - Member Select Mortgage PresentationFocus on Fair Lending - Member Select Mortgage Presentation
Focus on Fair Lending - Member Select Mortgage PresentationKaufman & Canoles
 
CFPB's Final Mortgage Regulations: Ability to Repay and Qualified Mortgage Ru...
CFPB's Final Mortgage Regulations: Ability to Repay and Qualified Mortgage Ru...CFPB's Final Mortgage Regulations: Ability to Repay and Qualified Mortgage Ru...
CFPB's Final Mortgage Regulations: Ability to Repay and Qualified Mortgage Ru...Kaufman & Canoles
 

Plus de Kaufman & Canoles (20)

Mortgage Delinquency & Collections
Mortgage Delinquency & CollectionsMortgage Delinquency & Collections
Mortgage Delinquency & Collections
 
Due Diligence: A Necessity in a New Environment
Due Diligence: A Necessity in a New EnvironmentDue Diligence: A Necessity in a New Environment
Due Diligence: A Necessity in a New Environment
 
Ceo, Director and Officer Liabilities and the Risks of Being Sued
Ceo, Director and Officer Liabilities and the Risks of Being SuedCeo, Director and Officer Liabilities and the Risks of Being Sued
Ceo, Director and Officer Liabilities and the Risks of Being Sued
 
NAFCU - Fraud Management
NAFCU - Fraud ManagementNAFCU - Fraud Management
NAFCU - Fraud Management
 
NCUA's Examinations and Your Credit Union's Rights
NCUA's Examinations and Your Credit Union's RightsNCUA's Examinations and Your Credit Union's Rights
NCUA's Examinations and Your Credit Union's Rights
 
NEACH - Diving Into Social Media Social Payments
NEACH - Diving Into Social Media Social PaymentsNEACH - Diving Into Social Media Social Payments
NEACH - Diving Into Social Media Social Payments
 
AACUC - Real Estate Strategies
AACUC - Real Estate StrategiesAACUC - Real Estate Strategies
AACUC - Real Estate Strategies
 
Cybersecurity Workshop
Cybersecurity WorkshopCybersecurity Workshop
Cybersecurity Workshop
 
NAFCU Regulatory Compliance Seminar - Required Policies and Risk Assessments
NAFCU Regulatory Compliance Seminar - Required Policies and Risk AssessmentsNAFCU Regulatory Compliance Seminar - Required Policies and Risk Assessments
NAFCU Regulatory Compliance Seminar - Required Policies and Risk Assessments
 
Nuts and Bolts to the Post-Judgment Process
Nuts and Bolts to the Post-Judgment ProcessNuts and Bolts to the Post-Judgment Process
Nuts and Bolts to the Post-Judgment Process
 
Truth-in-Lending - RESPA: The New Rules
Truth-in-Lending - RESPA: The New RulesTruth-in-Lending - RESPA: The New Rules
Truth-in-Lending - RESPA: The New Rules
 
Focus on Fair Lending… Tips to Avoid the Traps!
Focus on Fair Lending… Tips to Avoid the Traps!Focus on Fair Lending… Tips to Avoid the Traps!
Focus on Fair Lending… Tips to Avoid the Traps!
 
CFPB
CFPBCFPB
CFPB
 
NCUA Board of Directors Policies
NCUA Board of Directors Policies NCUA Board of Directors Policies
NCUA Board of Directors Policies
 
TILA - RESPA An Overview
TILA - RESPA An Overview TILA - RESPA An Overview
TILA - RESPA An Overview
 
Strategic Loan Particpations - The Good, the Bad and Maybe Even the Ugly
Strategic Loan Particpations - The Good, the Bad and Maybe Even the UglyStrategic Loan Particpations - The Good, the Bad and Maybe Even the Ugly
Strategic Loan Particpations - The Good, the Bad and Maybe Even the Ugly
 
Telephone Consumer Protection Act (“TCPA”) The Basics, Recent Regulatory Cha...
Telephone Consumer Protection Act (“TCPA”)The Basics, Recent Regulatory Cha...Telephone Consumer Protection Act (“TCPA”)The Basics, Recent Regulatory Cha...
Telephone Consumer Protection Act (“TCPA”) The Basics, Recent Regulatory Cha...
 
NAFCU Ability to Repay and Qualified Mortgage Rules
NAFCU Ability to Repay and Qualified Mortgage RulesNAFCU Ability to Repay and Qualified Mortgage Rules
NAFCU Ability to Repay and Qualified Mortgage Rules
 
Focus on Fair Lending - Member Select Mortgage Presentation
Focus on Fair Lending - Member Select Mortgage PresentationFocus on Fair Lending - Member Select Mortgage Presentation
Focus on Fair Lending - Member Select Mortgage Presentation
 
CFPB's Final Mortgage Regulations: Ability to Repay and Qualified Mortgage Ru...
CFPB's Final Mortgage Regulations: Ability to Repay and Qualified Mortgage Ru...CFPB's Final Mortgage Regulations: Ability to Repay and Qualified Mortgage Ru...
CFPB's Final Mortgage Regulations: Ability to Repay and Qualified Mortgage Ru...
 

Dernier

Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...lizamodels9
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Dave Litwiller
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876dlhescort
 
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableDipal Arora
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdfRenandantas16
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst SummitHolger Mueller
 
Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Roland Driesen
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Servicediscovermytutordmt
 
Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Neil Kimberley
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...Aggregage
 
Value Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsValue Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsP&CO
 
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetCreating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetDenis Gagné
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageMatteo Carbone
 
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒anilsa9823
 
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...Suhani Kapoor
 
Unlocking the Secrets of Affiliate Marketing.pdf
Unlocking the Secrets of Affiliate Marketing.pdfUnlocking the Secrets of Affiliate Marketing.pdf
Unlocking the Secrets of Affiliate Marketing.pdfOnline Income Engine
 
Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...
Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...
Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...lizamodels9
 
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...amitlee9823
 
Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Roland Driesen
 

Dernier (20)

Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
 
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst Summit
 
Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Service
 
Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
 
Value Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsValue Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and pains
 
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetCreating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usage
 
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
 
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...
 
Unlocking the Secrets of Affiliate Marketing.pdf
Unlocking the Secrets of Affiliate Marketing.pdfUnlocking the Secrets of Affiliate Marketing.pdf
Unlocking the Secrets of Affiliate Marketing.pdf
 
Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...
Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...
Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...
 
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
 
Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...
 

New Rules in 2011 for Financial Literacy and For Fiduciary Liability

  • 1. New Rules in 2011 For Financial Literacy and For Fiduciary Liability – Board Members Be Ready Virginia Credit Union League
  • 2. New Rules in 2011 For Financial Literacy and For Fiduciary Liability – Board Members Be Ready Virginia Credit Union League
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14.
  • 15.
  • 16.  
  • 17. A Framework for Meeting the New Expectations
  • 18.  
  • 20.
  • 21.
  • 22.  
  • 23.
  • 24.
  • 25.
  • 26.
  • 27.
  • 28.
  • 29.
  • 30.
  • 31.
  • 32.
  • 33.
  • 34.
  • 35.
  • 36.
  • 37.
  • 38.
  • 39.
  • 40.
  • 41.
  • 42.
  • 43.
  • 44.
  • 45.
  • 46. E. Andrew Keeney, Esq. Kaufman & Canoles, P.C. 150 West Main Street, Suite 2100 Norfolk, VA 23510 (757) 624-3153 [email_address]
  • 47. New Rules in 2011 For Financial Literacy and For Fiduciary Liability – Board Members Be Ready Virginia Credit Union League