|By PR Newswire||
|January 17, 2014 10:41 AM EST||
WASHINGTON, Jan. 17, 2014 /PRNewswire-USNewswire/ -- The Office of the Comptroller of the Currency will host two workshops in Miami at the Hyatt Regency Miami, February 4-5, for directors of national community banks and federal savings associations.
The "Compliance Risk" and "Credit Risk: A Director's Focus" workshops are designed exclusively for directors of institutions supervised by the OCC. The compliance risk workshop focuses on major compliance risks and consumer protection regulations, such as the Bank Secrecy Act and Community Reinvestment Act, along with key elements of an effective compliance risk management program. The credit risk workshop focuses on current and emerging industry trends and news, such as allowances for loan and lease losses, and the roles of the board and management. Both workshops are taught by seasoned OCC supervision staff.
"These workshops provide insight into what board directors should consider when overseeing credit and compliance risk at their institution," said Terry Richter, Credit Risk Lead Instructor and Assistant Deputy Comptroller at the Longview, Texas, field office. "New directors will have a better understanding of what to do, what they should be seeing, and the regulatory process. For more experienced directors, the workshop will validate their approach to managing credit and compliance risks."
The fee is $99 for each workshop. Participants receive a pre-workshop reading package and course materials, and assorted supervisory publications. The workshop is limited to the first 35 registrants.
The workshops are among 33 being offered nationwide to enhance and expand the skills of national community bank and federal savings association directors. For information, including a complete list of available workshops, or to register for a workshop, visit https://www.seiservices.com/occ/ or call (240) 485-1700.
The Office of the Comptroller of the Currency ("OCC") charters and oversees a nationwide system of national banks and federal savings associations and assures that these banking institutions are safe and sound, competitive, and capable of serving the banking needs of their customers in the best possible manner. OCC press releases and other information are available at http://www.occ.gov. To receive OCC press releases and issuances by e-mail, subscribe at http://www.occ.gov/subscribe/occ-email-list-service.html.
SOURCE Office of the Comptroller of the Currency