Financial privacy and credit reporting, data security, fraud prevention and identity theft protection are just some of the topics to be discussed by the nation's leading financial services industry experts during the American Bar Association's Eighth Annual National Institute on Consumer Financial Services Basics on Oct. 19-20 at the Waterview Conference Center in Arlington, Va.
Key topics covered include:
- History and development of federal and state consumer financial services laws
- Truth in lending and disclosure requirements
- Fair lending
- Financial privacy and credit reporting
- Data security, fraud prevention and identity theft protection
- Consumer communications
- Asset account regulation
- Mortgage origination and servicing
- UDAAP
- Litigation and enforcement actions
Conference highlights include:
- "Meet the Regulators" -In a moderated Q&A panel, representatives from the primary federal and state regulators of consumer financial protection laws, including Malini Mithal, Federal Trade Commission, Washington, D.C., will discuss where each agency fits within the regulatory scheme, the tools they use, what differentiates one agency from another and their focus for the upcoming year.
- "Financial Privacy, Data Security and Cybersecurity" -Presenters will discuss key restrictions on the use and disclosure of consumer financial information, including the Gramm-Leach-Bliley Act's privacy provisions and the Affiliate Marketing Rule. They will also examine federal and state laws requiring financial institutions to safeguard consumer information and the impact of data security breaches on the financial services industry.
- "Installment Lending: Payday, Title, Indirect Auto and Student Loans" -A panel of experts will examine the regulation of indirect auto credit, student loans and small dollar loans, such as payday and title loans.
- "The Regulatory Landscape for FinTech Products and Services" -No discussion of consumer financial services law can be complete today without exploring what lawyers need to know to advise clients about the legal and regulatory hurdles for FinTech entrepreneurs and their financial institution partners. The presenters will outline the basics of compliance for marketplace lenders, emerging payments services and digital currency providers.
Published: Fri, Oct 06, 2017
