Fair Lending in 2025: New Regulations, Examinations and Enforcement
Justin Muscolino Overview:
Fair Lending for financial institutions encompasses a group of laws and regulations prohibiting discrimination in the extension of credit to consumers. Failing to follow the fair lending compliance regulations can result in civil money penalties, restrictions on branching and significant reputational damage for an institution. During this webinar we will go through each of the regulations that fall under Fair Lending.
With recent enforcement actions and new regulations, we have to understand the implications for our positions within Banks. With the increase so far in 2024 and more to come, we have to stay on top of the regulatory news, especially in this climate.
Why should you Attend:
During this webinar, we will discuss the latest regulations and go over what is coming in the next few months, recent enforcement actions that we an learn from and how to be prepared for examinations in 2025.
Areas Covered in the Session:
- Current Fair Lending regulatory climate
- Recent, new and proposed regulations
- Enforcement actions we must care about
- Examinations: regulator priorities, best practices
- Looking at the rest of 2024 and what it could entail
- Takeaways
Who Will Benefit:
- Compliance
- Legal
- Risk Management
- Operations
- Technology
Speaker Profile
Justin Muscolino brings over 20 years of wide-arranging experience in compliance, training and regulations. He has previously worked in the Head of Compliance Training function for Macquarie Group, UBS, JPMorgan Chase, Bank of China, and GRC Solutions. Justin also runs his own Compliance Training company focusing on US & International regulations.
Justin also worked for FINRA, a US regulator, where he created Examiner University to train examiners on how to perform their function. He also serves as an advisor for the Global Compliance Institute (GCI) and instructs at the Barret School of Business and various compliance training providers.