Wolters Kluwer Compliance Solutions hosts fair lending banking webinar

Rhea-AI Summary

Wolters Kluwer's Timothy Burniston will lead a regulatory compliance webinar on July 14 from 2-3 PM EDT, focusing on fair lending issues. The session will cover the U.S. Consumer Financial Protection Bureau’s recent initiatives and directives affecting fair lending, including adverse actions and the use of artificial intelligence. This is part of a series of educational webinars leading up to the 26th annual CRA & Fair Lending Colloquium in Las Vegas from November 13-16. Wolters Kluwer is a leader in compliance solutions for financial institutions.

Positive

• Conducting a webinar demonstrates thought leadership in regulatory compliance.
• Focus on recent CFPB initiatives may attract more interest in their services.

Negative

• None.

Third of three special-topic regulatory compliance webinars features Wolters Kluwer’s Timothy Burniston along with DLA Piper’s Isabelle Ord and Austin Brown

MINNEAPOLIS--(BUSINESS WIRE)-- Timothy Burniston, Senior Advisor, Regulatory Strategy at Wolters Kluwer Compliance Solutions, will lead a regulatory compliance webinar exploring fair lending issues with two partners from DLA Piper. The complimentary, virtual event - “CFPB Authority to Protect Consumers: Reading the Fair Lending Tea Leaves”- will take place 2-3 pm EDT on Thursday, July 14.

Attendees will learn about the U.S. Consumer Financial Protection Bureau’s (CFPB’s) recent fair lending initiatives and directives. The session will focus on the Bureau’s latest regulatory pronouncements and activity involving adverse action, Regulation B, appraisals, artificial intelligence and alternative data, and the intersection of fair lending and UDAAP (Unfair, Deceptive and Abusive Acts, Practices).

CRA & Fair Lending Colloquium Master of Ceremonies Tim Burniston will moderate a discussion with DLA Piper attorneys Isabelle Ord and Austin Brown focused on how financial services companies can incorporate the CFPB’s latest guidance into their Compliance Management Systems. The panelists will drill into trend spotting, including interpreting and applying recent guidance, identifying and mitigating regulatory and class action risks, and considerations for preparing financial institutions for what may be next on the horizon.

This session marks the third in a series of “pre-Colloquium” complimentary educational webinars featuring in-depth discussions around fair lending topics of great interest to lenders, regulators and fair lending advocates. The 26^th annual CRA & Fair Lending Colloquium, hosted by Wolters Kluwer Compliance Solutions, will be held between November 13th and 16th at Caesars Palace, Las Vegas.

Wolters Kluwer Compliance Solutions is a market leader and trusted provider of risk management and regulatory compliance solutions and services to U.S. banks, credit unions, insurers and securities firms. The business, which sits within Wolters Kluwer’s Governance, Risk & Compliance (GRC) division, helps these financial institutions efficiently manage risk and regulatory compliance obligations, and gain the insights needed to focus on better serving their customers and growing their business.

Wolters Kluwer’s GRC division provides an array of expert solutions to help financial institutions manage regulatory and risk obligations. Wolters Kluwer Compliance Solutions’ CRA Wiz® and Fair Lending Wiz®, for example, help financial institutions manage cost and risks while managing their CRA and fair lending compliance obligations. Compliance Solutions’ eOriginal® suite of purpose-built, digital lending offerings helps lenders digitize their transactions and features electronic signatures, collateral authentication and an electronic vault. Wolters Kluwer Finance, Risk & Regulatory Reporting (FRR), meanwhile, is a global market leader in the provision of integrated regulatory compliance and reporting solutions. The division’s legal solutions businesses are Wolters Kluwer CT Corporation and Wolters Kluwer ELM Solutions.

About Wolters Kluwer Governance, Risk & Compliance

Governance, Risk & Compliance is a division of Wolters Kluwer, which provides legal and banking professionals with solutions to help ensure compliance with ever-changing regulatory and legal obligations, manage risk, increase efficiency, and produce better business outcomes. GRC offers a portfolio of technology-enabled expert services and solutions focused on legal entity compliance, legal operations management, banking product compliance, and banking regulatory compliance.

Wolters Kluwer (AEX: WKL) is a global leader in professional information, software solutions, and services for the healthcare; tax and accounting; governance, risk and compliance; and legal and regulatory sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services. Wolters Kluwer reported 2021 annual revenues of €4.8 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 19,800 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220622005138/en/

Media Contacts for Wolters Kluwer GRC

(Including Wolters Kluwer Compliance Solutions; Wolters Kluwer Finance, Risk & Regulatory Reporting; Wolters Kluwer ELM Solutions, and Wolters Kluwer CT Corporation):



Paul Lyon

Senior Director, Global Corporate Communications: Global Marketing, Communications & Planning

Governance, Risk & Compliance Division

Wolters Kluwer

Office +44 20 3197 6586

Paul.Lyon@wolterskluwer.com



David Feider

Corporate Communications Manager, Banking & Regulatory Compliance

Governance, Risk & Compliance Division

Wolters Kluwer

Tel: +1 612-852-7966

David.Feider@wolterskluwer.com

Source: Wolters Kluwer

FAQ

What is the date and time of the Wolters Kluwer compliance webinar?

The compliance webinar will take place on July 14 from 2-3 PM EDT.

What topics will be covered in the regulatory compliance webinar?

The webinar will cover fair lending issues and the CFPB's recent directives.

Who will lead the webinar on fair lending issues?

Timothy Burniston from Wolters Kluwer will lead the webinar.

When is the CRA & Fair Lending Colloquium being held?

The CRA & Fair Lending Colloquium is scheduled for November 13-16 in Las Vegas.

What is Wolters Kluwer's role in financial compliance?

Wolters Kluwer provides risk management and compliance solutions for U.S. banks and financial services.