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Event Name:Documenting Your Social Media Policy and Regulatory Expectations for Training
Date:Tuesday, February 21, 2017 1:00pm CST
Presented By:BankersHub
Panelist(s) Info: Terri Sands AAP, Founder - Secura Risk Management
Price:$249.00
Credits:1.2 AAP Credits, 1.0 CPE Credit
Description:

The use of social media to entice and engage with customers can have a negative impact on the financial institution’s reputation and ability to comply with regulatory guidance. The use of social media among financial institutions has increased significantly over the past several years with convenient outlets including Facebook sites, Tweeting on Twitter, and publishing YouTube videos. In response to the social media frenzy, the FFIEC released the Social Media Consumer Compliance Risk Management guidance on December 11, 2013. The guidance requires institutions to develop a risk management program to address consumer compliance, operational, legal and reputational risks posed by social media activities. How does your financial institution use social media? Do you understand the regulatory guidance and expectations? Have you trained your employees on this requirement? Don’t miss this webinar and get connected to your responsibilities to comply.

This session will cover:

  • Overview of Social Media Guidance
  • Regulatory Expectation on Risk Management Program
  • Common Audit Findings in Social Media Programs
  • Regulatory Expectations for Training