When: |
08 May through 08 May 2018 | |
Where: |
Aurora, Colorado, United States | |
Website URL: |
https://bit.ly/2J7FVTf | |
Sponsoring organization: |
Training Doyens | |
Categories: |
Business - Finance |
Keywords:
Event description:
OVERVIEW
A high number of complaints may suggest your business customer is engaging in Unfair, Deceptive or Abusive Acts and Practices (UDAAP). Harmful businesses don’t disclose a poor or declining reputation, yet this can signal that your business customer is engaged in anti-consumer behaviour. The Consumer Financial Protection Bureau (CFPB) is currently very focused on UDAAP, and is even targeting organizations that are not officially regulated by them. In addition, the Panama Papers leak is a recent example demonstrating how adverse media monitoring is an important tool to alert you about business customers that may be engaged in activities that don’t align to your risk profile.
WHY SHOULD YOU ATTEND
Learn about regulations and guidance surrounding monitoring the complaints against the business customers financial institutions and payment processors serve and how the CFPB is managing through consent orders.
Realize the value of checking your business customers and the princip...
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Posting date:
19 April 2018 | 167 views
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