Recorded: March 15, 2016
Length: 60 Minutes
How confident are you in your banks disclosures? While the rule to accurately describe your bank’s practices in all consumer disclosures has remained unchanged for years, the scrutiny of bank disclosures has increased tremendously. Regulators and plaintiffs’ lawyers are combing through bank disclosures and striking at banks for alleged violations and technical discrepancies.
Over the last several years, there has been class action litigation over NSF fee disclosures. Join Eric Taylor from the law firm of Hunton & Williams as he reveals which of your institution’s other disclosures are now vulnerable to litigation. Learn how you can modify existing disclosures to better protect your bank and decrease the likelihood of class action litigation.
Following this session, you’ll understand:
- Why we are observing increased scrutiny of bank disclosures
- Which disclosures regulators and lawyers are focusing their efforts on
- How you can modify disclosures to better protect your bank
- How to fight back in the event your bank falls victim
Presenter: Eric Taylor, Hunton & Williams, LLP
1 CPE Credit
Program Level: Basic-Intermediate
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