The Compliance 911 Show

Dean Stockford - Len Suzio
  • 5.0(9개의 평가)
  • 관리
  • 격주 업데이트

Welcome to Compliance 911, a no-nonsense, cut to the point, style show for today’s busy bank and credit union compliance professionals. With this series of bi-weekly shows our goal is to boil down some of today’s hottest regulatory compliance topics in quick and easy to digest 5-10 minute episodes so you can get the information you want and get on with your day. We’ll be discussing topics like CRA, HMDA, Fair Lending, Anti Money Laundering, and so much more. Don’t forget to subscribe and tell a friend about us! Follow M&M Consulting and GeoDataVision us on LinkedIn to get the latest updates.

  1. 9월 4일

    Executive Order 14281: The End of Fair Lending Law Enforcement Through Use of the Disparate Impact Legal Theory?

    Hosts Dean Stockford and Len Suzio welcome Lori Sommerfield, a partner at Troutman Pepper Locke LLP, to discuss and explain President Trump’s Executive Order 14281 (April 23, 2025), which directs federal agencies to limit use of the disparate impact theory in fair lending enforcement and to review existing guidance, pending matters, and consent orders that leverage that theory. The federal banking agencies are removing disparate impact references in their examination manuals and shifting toward intentional discrimination theories, while  use of the disparate impact theory by state authorities and private litigants remain risks. Banks and financial services companies should continue to review policies and procedures for potential disparate impact, conduct rigorous fair lending monitoring and testing, and prepare for potential future shifts in enforcement. Brought to you by GeoDataVision and M&M Consulting

    23분

  2. 7월 31일

    Wild Times for the Community Reinvestment Act

    Join top CRA experts Doctor Ken Thomas, Len Suzio and Dean Stockford for a wide ranging discussion on the Community Reinvestment Act.   The NPR for repeal of the 2023 Rule What to be learned from the 2023 Rule Do the examiners in the field reflect "deregulation"? Simple ideas to improve the CRA regulations and make them more effective for banks What banks should do ASAP - and more   Brought to you by GeoDataVision and M&M Consulting

    1시간 24분

  3. 7월 16일

    Top challenges with Compliance Management

    In this episode, Dean and Len focus on the top compliance management challenges financial institutions face in 2025, particularly in data privacy, cybersecurity, AI systems, and anti-money laundering/counter-terrorism financing (AML/CTF). They highlight how cyber threats—amplified by advances in AI—require robust encryption, advanced threat detection, and strict consent management. While AI and automation can streamline compliance, risk management, and customer service, they warn of the dangers of data bias and privacy concerns, stressing the need for strong governance and data quality controls. For AML/CTF, ongoing employee training, enhanced due diligence, and AI-driven transaction monitoring are crucial. The hosts recommend banks adopt clear, transparent, and unbiased AI policies with rigorous security, governance, and regulatory compliance frameworks to address these evolving risks and maintain customer trust. Brought to you by GeoDataVision and M&M Consulting

    23분

  4. 7월 2일

    CFPB Extends Section 1071 Compliance Dates

    In Episode 98, Dean and Len discuss the CFPB’s newly announced 2025 Section 1071 Interim Final Rule, which further delays the compliance dates for small business lending data collection and reporting by roughly one year for thousands of banks, credit unions, and commercial lenders. The hosts break down the complexities created by shifting rules, changes in definitions of “small business loan,” and the overlap with Community Reinvestment Act (CRA) requirements. They highlight how the new staggered compliance dates and partial-year reporting could create confusion, unnecessary costs, and data that’s not useful for analysis. The podcast encourages lenders to submit comments before the July 18, 2025 deadline, not just about compliance timing but also about issues like the expanded data requirements and demographic data isolation, and recommends all data collection start uniformly on January 1, 2028, to improve clarity and efficiency. Brought to you by GeoDataVision and M&M Consulting

    14분

  5. 6월 18일

    2023 CRA Rule Repeal: Lessons to be Learned

    In the podcast “2023 CRA Rule Repeal: Lessons to be Learned,” Dean Stockford and Len Suzio discuss the potential repeal of the complex 2023 Community Reinvestment Act (CRA) rule and argue that, despite its likely demise, valuable insights can still be drawn from it. Len highlights that the 2023 rule introduced a breakthrough by offering calibrated numerical benchmarks for CRA performance ratings—something previous rules lacked—which gave bankers a clearer way to measure and self-assess their CRA performance against both market and demographic standards. The conversation also notes that, while the new rule provided clarity on how to resolve conflicting performance results and prioritize ratings, its approach to consumer loans—making auto loans a key focus and sidelining other consumer loans—signals a shift in regulatory priorities. Ultimately, they agree that even if the 2023 rule is repealed, its measurement standards and lessons can help bankers better navigate the otherwise vague and inconsistent legacy CRA evaluation process. Brought to you by GeoDataVision and M&M Consulting

    14분

  6. 6월 4일

    Importance of Compliance Management in times of transition

    In this episode, Dean and Len discuss the critical role of compliance management systems (CMS) within financial institutions, especially during periods of regulatory change and uncertainty. They emphasize that strong CMS is more than just box-checking—it is the foundation for harmonizing policies, monitoring risks, and ensuring ethical operations across departments. The conversation highlights challenges such as evolving regulations, complex financial products, digital assets, and talent shortages, as well as the recent regulatory shifts like the rollback of the 2023 CRA rule and changing CFPB priorities. The hosts stress that proactive, values-driven compliance management helps institutions stay resilient, maintain stability, and navigate future regulatory swings, especially as concerns grow around data privacy, cybersecurity, and the integration of AI and automation. Brought to you by GeoDataVision and M&M Consulting

    19분

  7. 5월 21일

    The fatal flaws in the 2023 CRA rule

    In Podcast 95, Len and Dean delve into the critical flaws of the 2023 Community Reinvestment Act (CRA) rule, emphasizing its detrimental impact on banks and communities. Len highlights the rule's exclusion of crucial loan types like multifamily mortgages and open-end mortgages, arguing they are vital for community development. He criticizes the rule's overly complex performance rating system, which he claims is incomprehensible and undermines its intended purpose. Len urges bankers to actively support the rule's repeal, emphasizing the need for public education and constructive feedback to reshape regulatory policies effectively. Dean underscores the importance of understanding these flaws and advocating for regulatory changes that enhance rather than hinder the CRA's goals. Brought to you by GeoDataVision and M&M Consulting

    16분

  8. 5월 7일

    Fraud, the silent epidemic

    In Episode 94 of their podcast series, Len and Dean discuss the pervasive issue of bank fraud, highlighting its various forms and staggering financial impacts. They cover topics such as credit card fraud, phishing, synthetic identities, and insider threats, citing significant increases in fraud incidents and financial losses globally. Dean provides insights from recent reports, including specific statistics on consumer losses and the rise of different fraud types. They conclude with recommendations for financial institutions to enhance fraud controls through advanced technologies like AI, multi-factor authentication, and secure encryption protocols, emphasizing the importance of customer education and regulatory compliance. Brought to you by GeoDataVision and M&M Consulting

    12분
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소개

Welcome to Compliance 911, a no-nonsense, cut to the point, style show for today’s busy bank and credit union compliance professionals. With this series of bi-weekly shows our goal is to boil down some of today’s hottest regulatory compliance topics in quick and easy to digest 5-10 minute episodes so you can get the information you want and get on with your day. We’ll be discussing topics like CRA, HMDA, Fair Lending, Anti Money Laundering, and so much more. Don’t forget to subscribe and tell a friend about us! Follow M&M Consulting and GeoDataVision us on LinkedIn to get the latest updates.

정보

  • 제작진
    Dean Stockford - Len Suzio
  • 방송 연도
    2021년 - 2025년
  • 에피소드
    100
  • 등급
    전체 연령 사용가
  • 저작권
    © Copyright 2021 All rights reserved.
  • 웹사이트 보기
    The Compliance 911 Show

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