Available on Demand
Duration: 60 Minutes
Just about every bank has a Twitter and a Facebook strategy or is in the process of establishing one. Now, the FFIEC is formulating its regulatory strategy to reign things in.
Regulators are looking for feedback on recently issued social media guidelines by March 23. The proposed guidance is called necessary to help banks control the risks presented by social media, specifically risks resulting from interactions that are informal, occur in a less secure environment, and social media campaigns that may not receive the care and attention of a traditional advertising campaign.
Whether your organization is actively interacting with customers online or social media is limited to monitoring for negative comments, you will want to understand the potential policies and requirements.
This 60 minute Webinar will cover:
- Highlights of the new guidance
- The state of the industry when it comes to compliance with the new rules
- Which technologies will meet the new demands and which won't
- Does compliance equal security?
- What does this mean for your financial institution?
- 15 minutes for Q&A from Webinar participants
Editor in Chief, Bank Technology News
Technology Editor, American Banker
Mercedes Kelley Tunstall
Ballard Spahr LLP
Mercedes Kelley Tunstall is of counsel in the Business and Finance Department and Practice Leader of the Privacy and Data Security Group. She is also a member of the Consumer Financial Services Group, the Bank Regulatory and Supervision Group, the Mortgage Banking Group, the software and business methods practice team in the Patents Group, and the Trademark and Copyright Group. Ms. Tunstall counsels clients on compliance with consumer financial services laws, including proscriptions against unfair, deceptive, and abusive practices as well as the investigations and proceedings of the Consumer Financial Protection Bureau created by the Dodd-Frank Wall Street Reform and Consumer Protection Act. She is also experienced with mobile and other e-commerce initiatives, privacy issues, and the delivery of financial services through social networking sites.
Treliant Risk Advisors
Carl Pry is a seasoned executive with banking law, corporate finance, and regulatory compliance experience in Fortune 500 institutions, regional banks and industry consulting firms. Carl advises clients on commercial compliance, fair lending, corporate treasury and risk management. Over the last 18 years, Carl has held senior leadership positions including Senior Vice President and Compliance Manager for the Compliance and Control Division at KeyBank, Manager of Finance and Performance Management Service Line at Accenture, and Vice President of Regulatory Services at Kirchman Corporation. He is the author of “Internet Banking Manual”, a comprehensive guide to business planning, risk analysis and maintaining a presence for financial institutions on the Internet.
President & Managing Director
Lenders Compliance Group
Jonathan Foxx is the President and Managing Director of Lenders Compliance Group, the country’s first full-service, mortgage risk management firm specializing exclusively in legal and regulatory mortgage compliance guidance, as well as offering a full suite of services in residential mortgage banking for banks and non-banks. Jonathan has over 30 years in the mortgage industry and is an expert in all areas of mortgage compliance, such as federal and state regulatory compliance, credit policy, operations, underwriting, and securitization. He is an accomplished speaker, a well respected expert witness authority, and the author of numerous magazine articles, White Papers, compliance manuals, and advisories on topics relating to all aspects of residential mortgage compliance.