EFT Act and Regulation E In 2022

with
Michael R. Christians
Live Session
$189.00
  • March 7, 2022, 2:00 pm   EST
Training Includes:
  • Certificate of Attendance
  • This training is available as an on-demand recording.

Leading attorney and compliance expert Michael Christians will explain the details of Regulation E. You will learn how to adhere to the requirements of the Electronic Fund Transfers Act in 2022.

What You'll Learn

  • What are the disclosure requirements of Regulation E?
  • What is the liability for unauthorized transactions?
  • How should you resolve errors?
  • What are the requirements for overdraft services?
  • How must you handle gift cards?
  • What procedural changes should you make for 2022?
When:
Monday, March 7, 2022; 2:00 PM Eastern
Scheduled for 60 minutes including question and answer period.

Training Overview

How does the December 13 FAQ affect electronic fund transfers? Update your Regulation E policies and procedures for 2022.

On December 13, the Consumer Financial Protection Bureau updated its FAQs on electronic fund transfers. You must incorporate this guidance as you set your 2022 policies and procedures.

The Electronic Fund Transfers Act establishes the rights, liabilities, and responsibilities of financial institutions that offer electronic fund transfer services. Implemented by Regulation E, this law requires disclosures and procedures that protect consumers and their funds.

  • What are the disclosure requirements of Regulation E?
  • What is the liability for unauthorized transactions?
  • How should you resolve errors?
  • What are the requirements for overdraft services?
  • How must you handle gift cards?
  • What procedural changes should you make for 2022?

Who Should Attend?

  • Tellers
  • New account representatives
  • Back-office personnel
  • Compliance officers
  • Risk managers
  • Branch managers
  • Assistant branch managers
  • Bankers
  • Operations officers and managers
  • Operations staff
  • Back-office personnel

Expert Presenter

Michael R. Christians

  • Principal of Michael Christians Consulting, LLC
  • Assists financial institutions and organizations across the country with ensuring their compliance programs conform to federal laws and regulations
  • Provides counsel relative to current rules, assists with the strategic implementation of upcoming regulatory changes, and offers customized education and training services
  • More than two decades of experience in the financial services industry
  • JD from Drake University Law School
  • Member of the Iowa State Bar

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