Banker's Academy Revises Compliance Training Program with Regulations Z & M Amendements

Top Quote Edcomm Banker's Academy has recently revised its Compliance training program to reflect recent amendments to Regulations Z and M. End Quote
  • (1888PressRelease) April 14, 2011 - New York, NY - Focus on Compliance was updated as part of Edcomm Banker's Academy's ongoing commitment to providing the most up-to-date, accurate information to the financial services industry.

    The final rules amend Regulation Z, Truth in Lending, and Regulation M, Consumer Leasing, to implement a provision of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Effective July 21, the Dodd-Frank Act requires that the protections of the Truth in Lending Act (TILA) and the Consumer Leasing Act (CLA) apply to consumer credit transactions and consumer leases up to $50,000. This amount will be adjusted annually to reflect any increase in the consumer price index.

    Focus on Compliance, from Edcomm Banker's Academy, is a computer-based, distance-learning program that can be delivered via Internet, Intranet or CD. The program teaches banking compliance in an interactive, self-paced format. Focus on Compliance covers: Bank Secrecy Act (BSA), Anti Money Laundering (AML), USA PATRIOT Act, OFAC, Privacy, Reg P, Gramm-Leach-Bliley Act, Right to Financial Privacy, Sarbanes-Oxley (SOX), Reg CC & Check 21, Reg D, Reg E, Reg Z, Truth in Lending, FCRA, FACT Act, HMDA, CRA and Bank Bribery, among others. The program also includes a guide to all banking regulations, as well as a searchable library of reference materials.

    For more information about programs like this, or to find out how The Edcomm Group Banker's Academy can customize any training program, log onto www.bankersacademy.com or call +1.212.631.9400.

    The Edcomm Group Banker's Academy is a 24-year-old multimedia education and communication consulting firm specializing in the development of creative business solutions that improve productivity, customer service and market share - providing bottom-line results. The Edcomm Group Banker's Academy has had the privilege of assisting many distinguished clients with business solutions in the form of eLearning programs, online bank training and classroom instruction, multimedia production and online and print based documentation. Edcomm Banker's Academy offers many off-the-shelf and customized courses such as Teller Training, Compliance Training and Systems Training specifically designed for Banks, Credit Unions and Money Services Businesses (MSBs).

    The Edcomm Group Banker's Academy (www.bankersacademy.com) is headquartered in New York City with locations and representation throughout the world.

    Contact:
    Dr. Linda Eagle
    Edcomm Banker's Academy
    21 Penn Plaza, Suite 1010
    New York, NY 10001, USA
    T: 212.631.9400
    F: 212.631.0659
    linda.eagle ( @ ) edcomm dot com
    http://www.bankersacademy.com

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