MLA, FFIEC eyed in NAFCU January webcasts

first_img 4SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr NAFCU webcasts in January will focus on the proposed rule amending the Defense Department’s Military Lending Act requirements, which would affect all credit unions, and cybersecurity requirements from the Federal Financial Institutions Examination Council.NAFCU Associate Director of Legislative Affairs and Military Liaison Quincy Enoch will host the MLA webcast, scheduled Jan. 13 at 2 p.m. Eastern. The proposed change in MLA implementation would apply a 36 percent military annual percentage rate cap to more consumer credit products and require credit unions to check all consumer credit applications against a DoD database to see if the rule’s provisions apply to them. Enoch will focus on the current rule’s provisions, what compliance issues would arise from the change and how NAFCU is working to reduce the associated compliance burden for credit unions. Attendees who register by Jan. 6 will save $100.Randy Romes, a principal at Clifton, Larson & Allen LLP, will speak about cybersecurity and the latest trends in cyber-fraud during a webcast scheduled Jan. 28 at 2 p.m. Romes will focus on the new cybersecurity governance requirements from the FFIEC and how to apply the requirements to credit unions’ management programs. Attendees who register by Jan. 21 will save $100. continue reading »last_img