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:
Compliance topics for operations professionals. The latest corporate compliance news, tools and insights to keep you cool, calm and compliant.
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+ […]
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.
The Federal Motor Carrier Safety Administration (FMCSA) is the main regulating body of the trucking industry. What’s important to know is they aren’t only the regulators behind the new ELD regulations but their primary mission is to prevent commercial motor vehicle-related fatalities and injuries. We found three examples of how your trucking company could get […]
The consumer finance industry could be on the cusp of change. Donald Trump has promised to roll back the Dodd–Frank Wall Street Reform and Consumer Protection Act, and all signs thus far point to the President-elect keeping his word. By this time next year, the Consumer Financial Protection Bureau could look different, and wield less […]
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).