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Upcoming BCG Seminars
BCG's monthly Seminars are one of the most popular features of BCG membership. Each Member is allowed to register up to 20 people to attend a monthly Seminar, including a new option to register for our BCG Seminar Recording Playbacks. BCG Seminars collectively cover a myriad of topics, including Electronic Banking, Compliance Management, Financial Privacy, Information Security, Commercial Real Estate Lending, Construction Lending, Loan Workouts and Collections, and many more.
Listed below are the next few BCG Monthly Seminars. Please click on a title below to view a brief description of each Seminar. Additional Seminars will be posted as their respective dates approach. If you have any questions or require further information, please contact us.
Download the 2025 BCG Seminar Schedule Here!
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Friday, December 6, 2024
Anaheim Marriot Hotel
Tuesday, December 17, 2024*
Recording Playback
*For BCG Members Only
In addition to the presentations by our Keynote Speakers, we will have presentations on the following topics (and others) presented by Aldrich & Bonnefin attorneys and compliance professionals:
Corporate Governance
• Fiduciary duties of directors and recent director liability cases
• Updates regarding executive compensation, interest rate risk and liquidity, the impact of the 2024 Presidential Election, and others
Consumer Lending
• Recent developments regarding CRA, fair appraisals, Regulation Z, Regulation X, and others
• Updates on litigation over the constitutionality of the CFPB’s funding mechanisms
Operations and FinTech
• Efforts to expand consumer protections under Regulation E (legislative, litigation, and regulatory focus)
• Updates regarding third-party risk management, brokered deposit rulemaking, and beneficial ownership requirements
Commercial Lending
• Recent developments regarding the CFPB’s Small Business Lending Data Collection Rule
• Fair lending in the commercial context and commercial lending trends
Keynote Speakers:
Paul Worthing, Regional Director, FDIC, San Francisco Region
Mohammad Noor, Assistant Deputy Commissioner (Banking Division), DFPI
Speakers from Aldrich & Bonnefin, PLC:
Mark E. Aldrich, Keith R. Forrester, Anne M. McEvilly, and Joel N. Cook, Principals
John M. Davis and Harry S. Khalsa, Associates and Andrew J. Litchy, BCG Manager
January 2025
Dodd-Frank Act Section 1071 amended the Equal Credit Opportunity Act to require financial institutions to compile, report, and maintain specified information regarding certain women-owned, minority-owned, or other small business loan applicants, in accordance with regulations to be issued by the Consumer Financial Protection Bureau (CFPB). On March 30, 2023, the CFPB issued a final rule amending Regulation B to implement the changes made by Section 1071 (the “Section 1071 Final Rule”).
Several lawsuits were then filed challenging the Section 1071 Final Rule primarily based on the constitutionality of the CFPB’s funding structure, and an injunction was issued to temporarily delay the compliance dates provided in the Section 1071 Final Rule. However, in May 2024, the U.S. Supreme Court upheld the CFPB’s funding structure, and the CFPB then extended the compliance dates provided in the Section 1071 Final Rule.
In this Seminar, we will discuss which institutions are subject to the Section 1071 Final Rule, the new extended compliance dates and related recent developments, the details and requirements of the rule (such as the data collection requirements, firewall requirements, reporting data to the CFPB, etc.), and some best practices in terms of complying with the rule. We will also discuss the Section 1071 Final Rule’s impact on lenders, such as fair lending issues, possible reputational concerns, changes to the application process for small business loans, and training staff. Additionally, we will cover some examples and case studies during the Seminar.
February 2025
Aldrich & Bonnefin is pleased to invite you and your operations personnel to attend our Negotiable Instruments Law Seminar.
We will review the requirements for check signatures and endorsements, including the various types of fraud claims that may be asserted against both depositary and payor banks.
We will also navigate treatment of electronic check collection under Regulation CC. This detailed discussion will include the warranties and indemnities for electronic check collection as well as the presentment and return requirements. We will also discuss the interrelationship between Regulation CC, the UCC and the ECCHO rules for those checks which are collected outside of the federal reserve system.
Finally, we will cover stop payment rights, lost, stolen or destroyed cashier’s checks, and recent Regulation CC funds availability adjustments.
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