Benjamin P. Saul, Partner, Goodwin Procter LLP to Speak at KC’s 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, has announced today that Benjamin P. Saul, Partner, Goodwin Procter LLP will speak at the Knowledge Group’s webcast entitled: “CFPB Guidance on UDAAP Enforcement in Light of Regulation AA Repeal LIVE Webcast.” This event is scheduled for November 14, 2014 from 10:00am – 12:00pm (ET).

For further details, please visit:


http://theknowledgegroup.org/event_name/cfpb-guidance-on-udaap-enforcement-in-light-of-regulation-aa-repeal-live-webcast/

About Benjamin P. Saul

Ben Saul is a partner in Goodwin Procter’s Consumer Financial Services Litigation Group and a leader in the areas of consumer financial services enforcement and fair and responsible banking. Mr. Saul has a nationwide practice representing financial services and individual clients in high-stakes administrative enforcement and criminal matters, private civil and class action litigation, and parallel proceedings involving private litigants and federal and state enforcement authorities. He also conducts corporate internal investigations and advises clients on compliance issues and programs.

Mr. Saul has extensive experience representing clients in matters involving the Consumer Financial Protection Bureau (CFPB). He has also represented clients in matters involving the Congress, DOJ, HUD, FTC, SEC, federal and state banking authorities, and state attorneys general. Mr. Saul’s matters have concerned a broad range of consumer finance issues, including marketing, lending, servicing and securitization practices as well as fair and responsible banking, credit reporting, and consumer privacy and data security.

About Goodwin Procter LLP

Founded in 1912, Goodwin Procter LLP is a leading Global 100 law firm, with offices in Boston, Hong Kong, London, Los Angeles, New York, San Francisco, Silicon Valley and Washington, D.C. We have one of the preeminent consumer financial services litigation and enforcement practice groups in the nation, as recognized by Chambers, US News and The Legal 500. Our team of industry specialists counsel and defend clients across a broad spectrum of consumer financial services matters, including regulatory counseling and examinations, government investigations, enforcement proceedings and litigation. We regularly handle high-stakes matters for many of the nation’s largest financial services companies, including prominent banks, mortgage companies, credit card issuers, student lenders, auto finance companies and insurers. For more information, visit www.goodwinprocter.com. Follow us on Twitter @GoodwinProcter.

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

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

The Knowledge Group, LLC was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register for an event, please visit: http://theknowledgegroup.org/
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