Wolters Kluwer Compliance Experts to Address HMDA, UDAAP, Fair Banking

Burniston, Boccia, Faircloth, and Patel to Offer Insights at ABA Regulatory Compliance Conference

MINNEAPOLIS--()--Wolters Kluwer today announced that UDAAP, fair banking, HMDA analytics, and enhancing the customer experience are among the topics its experts will cover in presentations at this year’s American Bankers Association Regulatory Compliance Conference. The annual conference draws some of the nation’s top regulatory compliance experts and will be held June 24-27, 2018 at the Music City Center in Nashville, Tenn.

The significant expansion of lender data now required under new Home Mortgage Disclosure Act (HMDA) rules places a new, heightened level of potential scrutiny on lenders and their fair lending practices, a topic that will be explored in depth in this year’s sessions. Wolters Kluwer has a long-established position in this space, providing banks of all sizes with regulatory compliance technology, advisory expertise, and professional services to help optimize their compliance programs for fair lending, HMDA, and the Community Reinvestment Act.

Senior Director of Advisory Services and Regulatory Relations Barbara Boccia, CRCM, will lead an educational session Monday, June 25, 7:30-8:30 a.m. ET, “Industry Insights and Compliance Strategies for CRA, Fair Lending and HMDA.” This breakfast session will focus on preparing institutions of all sizes for significant changes in the regulatory landscape, including CRA modernization, conducting fair lending analytics on the expanded HMDA data, and developing a HMDA Compliance Management System (CMS) geared toward maintaining data integrity on the expanded data set.

Joining Boccia as presenters at this session will be Timothy R. Burniston, Senior Advisor for Regulatory Strategy; Senior Regulatory Consultant of Advisory Services and Regulatory Relations Britt Faircloth; and Product Manager Miral N. Patel.

“Each year, the ABA’s Regulatory Compliance Conference continues to provide attendees with an outstanding opportunity to delve deeply into some of the most challenging regulatory and compliance issues facing our industry,” notes Burniston. “We are pleased to help shine a spotlight—and hopefully offer some meaningful insights—to attendees looking for guidance in managing their organizations’ regulatory obligations.”

Barbara Boccia will participate on the panel, “It’s Not about ‘U’—It’s Me: Leading Practices for UDAAP Controls for the First Line,” on Monday, June 25, from 3:00-4:15 p.m. (session repeats Tuesday, June 26, 10:45 a.m.-noon). Panelists will outline controls for avoiding risks related to UDAAP (Unfair, Deceptive, or Abusive Acts or Practices), including risk assessments, vendor monitoring, marketing controls and monitoring potential high risk banking areas.

Britt Faircloth will participate in a panel discussion, “Fair Banking: Mapping the Customer Experience,” on Sunday, June 24, 10-11:30 a.m. (session repeats 1:30-3 p.m. that day). The panel will share fair banking issues facing institutions today, offering a 360-degree customer's eye view of regulatory challenges, along with insights and tactical tools to help attendees improve their programs.

For more details, visit the ABA Regulatory Compliance Conference website.

About Wolters Kluwer Governance, Risk & Compliance
Governance, Risk & Compliance (GRC) is a division of Wolters Kluwer, which provides legal and banking professionals with solutions to ensure compliance with ever-changing regulatory and legal obligations, manage risk, increase efficiency, and produce better business outcomes. GRC offers a portfolio of technology-enabled expert services and solutions focused on legal entity compliance, legal operations management, banking product compliance, and banking regulatory compliance.

Wolters Kluwer N.V. (AEX: WKL) is a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. Wolters Kluwer reported 2017 annual revenues of €4.4 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 19,000 people worldwide.

Contacts

Wolters Kluwer
David Feider, +1 612-852-7966
Corporate Communications
David.feider@wolterskluwer.com
On Twitter: @davidafeider

Contacts

Wolters Kluwer
David Feider, +1 612-852-7966
Corporate Communications
David.feider@wolterskluwer.com
On Twitter: @davidafeider