Monday, December 21, 2009

Banker’s Academy Updates Compliance Training to Include Unfair

Edcomm Banker’s Academy has adapted its Compliance training programs to cover the Joint Guidance on Unfair and Deceptive Acts or Practices (UDAP). Focus on Compliance has been revised as allotment of Edcomm Banker’s Academy’s charge to accouterment the a lot of abreast and pertinent banking casework information.

The Joint Guidance on Unfair and Deceptive Acts or Practices (UDAP) outlines the standards that the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board (FRB) will accede if applying the prohibitions adjoin UDAPs begin in the Federal Trade Commission (FTC) Act. The certificate aswell provides admonition on managing risks apropos to UDAPs. The FDIC requires that all banking institutions annihilate the use of UDAPs in every artefact and account they offer.

Focus on Compliance, from Edcomm Banker’s Academy, is a computer-based, distance-learning affairs that can be delivered via Internet, Intranet or CD. The affairs teaches cyberbanking acquiescence in an interactive, self-paced format. Focus on Compliance covers: Bank Secrecy Act (BSA), Anti Money Laundering (AML), USA PATRIOT Act, OFAC, Privacy, Reg P, Gramm-Leach-Bliley Act, Right to Financial Privacy, Sarbanes-Oxley (SOX), Reg CC & Check 21, Reg D, Reg E, Reg Z, Truth in Lending, FCRA, FACT Act, HMDA, CRA and Bank Bribery, a allotment of others. The affairs aswell includes a quick advertence adviser to all cyberbanking regulations, as able-bodied as a searchable library of advertence materials.

For added advice about programs like this, or to acquisition out how The Edcomm Group Banker’s Academy can adapt any training program, log assimilate www.bankersacademy.com or alarm +1.212.631.9400.

The Edcomm Group Banker’s Academy is a 22-year-old multimedia apprenticeship and advice consulting close specializing in the development of artistic business solutions that advance productivity, chump account and bazaar allotment - accouterment bottom-line results. The Edcomm Group Banker’s Academy has had the advantage of acceptable abounding acclaimed audience with business solutions in the anatomy of eLearning programs, classroom instruction, multimedia assembly and online and book based documentation. Edcomm Banker's Academy offers abounding off-the-shelf and customized courses such as Teller Training, Compliance Training and Systems Training accurately advised for Banks, Credit Unions and Money Services Businesses (MSBs).

The Edcomm Group Banker's Academy (www.bankersacademy.com) is headquartered in New York City with locations and representation throughout the world.

Contact:
Dr. Linda Eagle
Edcomm Banker’s Academy
21 Penn Plaza Suite 1010
New York, NY 10001, USA
T: 212.631.9400
F: 212.631.0659
linda.eagle@edcomm.com http://www.bankersacademy.com .

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