IBA’s compliance webinars are a continuing series. Brought to you by the IBA compliance staff they offer timely information, addressing key regulatory issues when you need it. The webinars keep you informed and ready for the challenges of the changing regulatory financial services environment.
In December 2023, the FDIC published a final rule that amended Part 328 of the FDIC’s regulations, which includes rules governing all FDIC-insured banks’ use of the official FDIC sign; a new FDIC official digital sign for bank websites, apps, and ATMs; and non-deposit signage – as well as rules on misrepresentations regarding deposit insurance coverage and misuse of the FDIC’s name and logo, which applies to both banks or non-bank entities. This rule carries a mandatory effective date of January 1, 2025.
At first glance, the final rule may not appear to be that great of a compliance challenge, but the devil is in the details! During this in-depth webinar, IBA staff will take a deep dive on the requirements of the final rule, including:
- New signage flexibility offered to banks that do not offer non-deposit products at branch locations
- Segregation of non-deposit products at physical locations
- Impacts on your bank’s digital channels (website and mobile applications)
- Use of the membership statement on social media posts
- Advertising requirements
- New requirements for written policies and procedures
- FAQ issued by the FDIC
- Additional implementation resources and more!
Registration – $150/member
Registration includes access to the live webinar and recording.