The American Bankers Association’s 2021 Regulatory Compliance Conference (RCC) will be conducted in a virtual format from June 22 to 24, 2021. This year’s program contains a lot of similarities to past programs, but there are notable differences as well. Compliance Resource’s CEO Jack Holzknecht is registered for this year’s event, and will be blogging about the RCC as it progresses.

What Hasn’t Changed

The RCC continues to offer a huge volume of educational opportunities. This year’s conference includes 66 sessions that will be covered in a little over 55 hours. Some of the more interesting session titles include:

  • Models: Walking Down a Different Runway;
  • Where There is No Truth, There Can Be No Trust: Understanding Bias Risk in Data Management; and
  • Policies as a Power Tool: Creating Policies that Get the Job Done.

The program includes lots of diversity and fair lending topics, which aligns with priority statements from the Biden Administration.

What Will Be Missed

Mixing and mingling with fellow compliance geeks before, during and after the scheduled sessions was always one of the most enjoyable aspect of the conference. The ABA has made a noble effort to recreate the fellowship in a virtual environment. They have scheduled Table Talk Roundtables, Boardroom Banter sessions, and a networking lounge.

In the past the ABA has made a mighty effort to push attendees into the Exhibitors Marketplace. This year, the virtual Marketplace gets only the briefest mention in the Program schedule.

One Big Advantage

In the previous live conferences, it has been impossible for a single registrant to attend all of the scheduled sessions. In this virtual version all of the sessions are recorded and the recordings will remain available for two months. Please note the ABA is being stingy with the allocation of CE credits.

CE Credits

Oddly, if you sit through 55 hours of sessions you earn 20 CRCM credits. Program materials note that CPE credit is not available for the on-demand sessions or recordings offered after the live conference presentation has concluded. Apparently the ABA has adopted the same approach for its CRCM credits. If you watch a session live on Thursday, you earn credit, but if you watch the recording on Friday, you do not.

Compliance Resource will continue to report, as Jack completes various live and recorded sessions in the coming weeks, on session content, key takeaways and general observations.