Compliance Management System Essentials Two-Part Series

A strong and effective Compliance Management System (CMS) is the bedrock of any compliance department and ensures that regulatory requirements are appropriately incorporated into business practices. However, because a CMS is comprised of everything from policies, procedures and implementing new measures, to data tracking and corrective actions, maintaining an efficient and effective CMS is a never-ending exercise.

Participate in this two-part webinar series to gain practical, risk-based strategies to ensure your CMS meets regulators’ standards and can successfully manage consumer compliance risk.

When you join us, you’ll come away with:

• An overview of the requirements of a CMS and how to tailor those requirements to your institution.
• Strategies for addressing changing regulatory requirements, including tips for tracking and avoiding mismanagement.
• Guidance for breaking down institutional silos for a more effective, organization-wide CMS.
• Best practices for training different business units.
• Insight into ongoing review, testing, and monitoring can dramatically improve the effectiveness of your CMS.
• Actionable tips for correcting challenge areas and preventing consumer harm.

WHO SHOULD ATTEND:

This session is designed for anyone who needs a better understanding of a Strong CMS. It may be particularly beneficial for new compliance officers, as well as those working in compliance, risk, auditing, and management.

If you’re new to compliance…
A CMS is how institutions ensure employees understand compliance responsibilities, that requirements are incorporated into business practices, that responsibilities are carried out, and that regulatory requirements are met. In short, a CMS helps your institution manage risk. Inadequately managed risk and noncompliance can result in litigation, monetary penalties, and other formal enforcement actions. A strong, comprehensive CMS is how your institution can avoid those things.

PART 1 – 11/13/2023 at 2 – 4 PM ET

PART 2 – 11/20/2023 at 2 – 4 PM ET

All webinar registrations include a recording of the session that can be reviewed as needed.