Some things are worth repeating. Like Compli’s CFPB six-part Webinar series. For those of you who missed out on the webinar the following recap will catch you up on what you missed. And for those of you who were a part of the webinar, this should be a great refresher.
Topics for compliance professionals. The latest corporate compliance news, tools and insights to keep you cool, calm and compliant.
The new year is here, and with any luck you’re already eating better, supporting local causes and spending more time with the people you love. But if you work for a finance institution or operate an automotive dealership—and especially if you’re involved in the finance and insurance department—I’d like to suggest another resolution for 2017:
The 2017 National Automobile Dealers Association Convention & Expo is just a couple weeks away, and it already feels like one of this year’s highlights. With the association celebrating its 100th anniversary by taking the convention to New Orleans, NADA100 promises to be an invigorating and lively time. If you’re one of the lucky 24,000+ […]
Maybe it’s something in the water: companies in states south of Lake Michigan seem to suffer higher rates of employee lawsuits compared to the rest of the US. The real reason for this map is much more nuanced, of course, and has nothing to do with what’s running through the pipes.
Having a “growth problem” is an oxymoron. If your business is growing and you need to hire more staff that means you are a success and business is booming! But that also means training more employees, managing more vendors, and keeping track of more policies. If this sounds like a problem you are having it […]
Your compliance management system needs to do more than meet the letter of the law; it must take action. An effective CMS will move you through the many regulatory changes with active risk management. Unfortunately, many CMS’s lack the agility needed to navigate the fair lending compliance jungle.
Check! There is something super satisfying about the sound of pen tip checking off an item on your To Do List. Also, the sound “X” has a similar effect. Maybe that’s why the section of the Dodd-Frank Act that created the Consumer Financial Protection Bureau is called Title X. Try it yourself: X and ✔.
It’s probably time to review your workforce policies, procedures and training. It is critical to pause for a moment and look back at your busy year to ensure that your workforce and your business are in compliance with the dizzying array of rules and regulations that can cost your organization more than just money.
For the amount of money your dealership loses every year due to turnover, you could purchase a 3-bedroom house in the Garden District of New Orleans (convenient if you’re planning to attend NADA in January).
Are you a finance company, retailer (such as an auto dealer, furniture or department store), or a credit union that offers consumer credit contracts? If you so, you fall into the category of a creditor that is subject to the jurisdiction of the FTC (Federal Trade Commission) and therefore you must comply with the Credit […]