On June 26, 2019, the Consumer Financial Protection Bureau along with the Federal Deposit Insurance Corporation announced an upcoming webinar on addressing and preventing elder financial abuse. Elder financial abuse is an increasing focus of supervisory agencies and credit unions need to be aware of strategies to address it. The webinar will also cover elder financial abuse in the context of the Bank Secrecy Act and how Suspicious Activity Reports are to be filed when applicable. The webinar will be held on July 25, 2019, from 2:00 p.m. to 3:00 p.m. ET.
John Zasada, JD, CAMS – Regulatory Consulting Director, Financial Institutions Group. John can be reached at firstname.lastname@example.org.