Compliance Training Program
Introduction to Compliance Examinations School
Program OverviewThe Introduction to Compliance Examinations School (ICES) is a course for pre-commissioned compliance examiners. It includes an overview of the various consumer protection laws and regulations and compliance examination procedures
Key ObjectivesUpon completion of this course, participants will be able to:
- Identify examples of proper oversight, training, monitoring and auditing in a bank’s CMS.
- Determine a bank’s compliance with the consumer protection regulations, including: RESPA, TIL, HMDA, Flood Insurance (Part 339), ECOA, FHAct, SCRA and Homeownership Counseling, HOPA, RFPA, Privacy, FCRA and FACTA (Part 343).
- Assess a bank’s CMS as related to the consumer protection regulations.
- Conduct an interview/question-asking session with a banker using an effective communication model.
- Apply writing skills to draft violations.
- Perform a review of three case study loans for compliance with the consumer protection regulations and provide a brief summary of the case study bank’s CMS.
DurationThis is a two-week course.
Instructional FormatPre-course work (Independent Self Study), facilitated classroom discussion/lectures, small group activities, and in-class project.
This course is designed for pre-commissioned compliance examiners who generally have two to four months of experience in compliance examinations after entering the compliance discipline.
This course is open to appropriate staff of the FDIC and partner government regulatory agencies. This course is not open to the public or staff of private banks.
Pre-Course AssignmentThe pre-course learning activities are critical to the completion of the course. The assignment consists of computer based instruction modules and independent readings.
Official TimeThe Division of Depositor and Consumer Protection (DCP) has authorized 30 hours of official time to complete the pre-course assignment.
Special RequirementsParticipants are required to bring a laptop and a Hewlett Packard 12C Financial Calculator to the session.
Post-Course FeedbackA Summary Evaluation Form, which provides a comprehensive analysis of the participant's in-class and project exercises, is sent to the participant's field office approximately thirty days after the conclusion of the school.
CreditsContinuing Education Unit (CEU): 7.1
Continuing Professional Education Unit (CPE): 84.5
For information regarding administrative policies such as complaints and refunds, please contact Corporate University, Attn: NASBA Representative Ava Livas, Room A-3025, 3501 North Fairfax Drive, Arlington, VA 22226 (703) 562-2463.
FDIC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.
The FDIC has been approved as an Authorized Provider by the International Association for Continuing Education and Training (IACET) (www.iacet.org), 1760 Old Meadow Road, Suite 500, McLean, VA 22102.