Compliance Training Program
Introduction to Consumer Protection School
The Introduction to Consumer Protection School (ICPS) is a course for pre-commissioned compliance examiners. It includes an overview of the various consumer protection laws and regulations and compliance examination procedures.
Upon completion of this course, participants will be able to:
- Determine a bank’s compliance with consumer protection regulations.
- Identify actual and potential consumer harm.
- Apply writing skills to effectively draft violations.
- Conduct an interview/question-asking session with a banker.
- Apply concepts in a culminating case study.
This is a two-week course.
Pre-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 one to two 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.
The pre-course learning activities are critical to the completion of the course. The assignment consists of computer based instruction modules and independent readings. The pre-course assignment is due in general two weeks/11 business days prior to the start of the session. The exact date the work is due for any given session will be specified in the precourse information sent approximately two months prior to the start date.
The Division of Depositor and Consumer Protection (DCP) has authorized 30 hours of official time to complete the pre-course assignment.
Participants are required to bring a laptop and a Hewlett Packard 12C Financial Calculator to the session.
A 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.
Continuing Education Unit (CEU): 6.6
Continuing Professional Education Unit (CPE): 78.5
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.
The Federal Deposit Insurance Corporation 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 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: NASBARegistry.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.