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#44940 - 11/21/02 09:51 PM Mandatory annual training
Anonymous
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Can someone tell me which regulations specifically require annual training for employees?
Thanks.

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Audit
#44941 - 11/21/02 10:55 PM Re: Mandatory annual training
BANNED BY BOL MANAGEMENT Offline
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BANNED BY BOL MANAGEMENT
Joined: Oct 2002
Posts: 524
Go to this thread - HERE

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#44942 - 11/25/02 05:38 PM Re: Mandatory annual training
TDW Offline
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Joined: Nov 2002
Posts: 413
I just went to a compliance conference in Des Moines Iowa and there are four areas required by regulators, they are; Bank Secrecy Act, Reg CC, Security Procedures, and Privacy. Strongly Recommended by regulators are; CRA and Fair Lending. Regulatory Recommended are; Truth in Lending (Reg Z), RESPA, Flood Determination, Fair Credit Reporting Act, Right to Financial Privacy, HMDA, Electronic Funds Transfer Act (Reg E), Truth in Savings (Reg DD) and Reserve Requirements (Reg D). Hope this helps!!

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#44943 - 11/25/02 07:02 PM Re: Mandatory annual training
Andy_Z Offline
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There is still a difference between required and recommended.

If I planned to do security training annually and missed that date for whatever reason and regulators wanted to cite me, I would ask where it says "annual".
_________________________
AndyZ CRCM
My opinions are not necessarily my employers.
R+R-R=R+R
Rules and Regs minus Relationships equals Resentment and Rebellion. John Maxwell

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#44944 - 12/04/02 03:39 PM Re: Mandatory annual training
BrendaW Offline
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BrendaW
Joined: Jun 2001
Posts: 231
Texas
Thanks Andy for the link to the other thread. I have OCC examiners here now and have already been asked some about training. THis answered my questions.....Thanks!!!!!!!!!!
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Brenda W, CRCM

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#44945 - 12/04/02 04:14 PM Re: Mandatory annual training
Andy_Z Offline
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Andy_Z
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By being informed, you let the examiners know that you know your stuff. Neither we, nor the examiners are always right. But this allows you to point out certain things, and to choose your battles.
_________________________
AndyZ CRCM
My opinions are not necessarily my employers.
R+R-R=R+R
Rules and Regs minus Relationships equals Resentment and Rebellion. John Maxwell

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