The Knowledge Group Has Scheduled a Live Webcast on CFPB Guidance on UDAAP Enforcement

NEW YORK - Oct. 12, 2014 - PRLog -- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, announced today that it has scheduled a live webcast entitled: CFPB Guidance on UDAAP Enforcement in Light of Regulation AA Repeal. This two-hour event is scheduled on November 14, 2014 at 10:00 AM - 12:00 PM ET.

Event Synopsis:

Concurrent to a proposal from the Federal Reserve Board to repeal Regulation AA (12 CFR part 227), the Consumer Financial Protection Bureau (CFPB) and several federal agencies have issued inter-agency guidance concerning unfair or deceptive credit practices by banking and financial entities. Never the less, the agencies claim to retain supervisory and enforcement authority regarding Unfair, Deceptive, and Abusive Acts or Practices (UDAP). Consequently, agencies may determine that statutory violations have occurred even in the absence of a specific regulation governing such conduct.

In this two-hour LIVE webcast, a panel of distinguished professionals and thought leaders assembled by The Knowledge Group will help compliance and risk mitigation professionals and others understand the important aspects of the CFPB Guidance on UDAAP Enforcement in Light of Regulation AA Repeal. They will provide an in-depth discussion of UDAAP principles and the impact of this enhanced regulatory focus on financial products and services and related entities. Speakers will also offer best practices in developing and implementing an effective policy to identify compliance issues and potential violations of UDAAP.

Key topics include:

UDAAP Framework and Regulation AA (12 CFR part 227)
Prohibited Practices Deemed as Unfair, Deceptive and Abusive
Emphasis on Self-Reporting
CFPB Guidance and Priorities
Regulatory Compliance and Risk Mitigation

Speakers/Faculty Panel

Morrison & Foerster LLP

Nancy R. Thomas

Partner

Goodwin Procter LLP

Benjamin P. Saul

Partner

For an updated list of the faculty panel, please visit:

http://theknowledgegroup.org/event_name/cfpb-guidance-on-...

About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series

The Knowledge Group, LLC brings together the world's leading authorities and industry participants through informative two-hour webcasts that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.

Visit http://theknowledgegroup.org/  for further information and inquiry.