Internal Auditors

Handling Situations Where Regulation E and ACH Don't Align

OverviewThis training program will review intent and focus of Regulation E and the ACH Rules.It will analyze situations where Regulation E and the ACH Rules do not align and help determine appropriate responses and procedures to manage risk and loss.

Why should you Attend 

Interpretations of federal Regulation E, known as the consumer protection regulation, change and those changes sometimes places stress on financial institutions who are trying to apply the regulation to daily ACH processing and returns.

This webinar will analyze areas where the two don't align and where one provides stronger protections and more obligations than the other so an institution's internal procedures are comprehensive enough to manage all obligations and avoid regulatory scrutiny.

Areas Covered in the Session 

TerminologyError ResolutionDocumentationStatementsStop PaymentsUnauthorizedRevoked AuthorizationConsumer vs.Business SECsRecurring TELResponsibility/LiabilityLearning ObjectivesReview intent and focus of Regulation EReview intent and focus of the ACH RulesAnalyze situations where Regulation E and the ACH Rules do not alignDetermine appropriate responses and procedures to manage risk and loss 

Who Will Benefit 

Frontline/Customer Service PersonnelInternal AuditorsRisk OfficersDirector of SecurityCompliance ProfessionalsOperational Risk ProfessionalsAudit Committee MembersOperational Risk ManagersTrainersBranch Managers 

Speaker ProfileRayleen M. Pirnie is the founder and owner of RP Payments Risk Consulting Services, LLC. based in Missouri. She is a nationally recognized payments risk and fraud expert who offers specialized consulting services, procedural and risk management reviews, and payments education.

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