Be Prepared! Are you registered for Small Business Loan Data 1071 on July 16th?

The new Section 1071 - Small Business Loan Data regulatory requirements will require a significant amount of upfront work for compliance and business units alike – despite any delay in the effective dates.  During this session, we will work through the regulatory requirements, highlight key areas that will require implementing considerations and efforts now rather than later, and develop a simple commercial loan application to address not only the new 1071 requirements but also incorporate other regulatory requirements such as Regulation B, FCRA, Regulation GG and more.

Join CBA as we partner with Sentry Advisors to provide insight on what you need to do NOW to identify your threshold, the impact across HMDA and CRA, and best practices to increase compliance with not only 1071, but HMDA, CRA and other commercial lending compliance regulations! Leah Hamilton, Director of Education Services & Compliance Advisor, Sentry Advisors, will help attendees prepare for what’s to come so you can be proactive! We will highlight the U.S. Supreme Court’s decision impacting the 1071 final rule as it is expected to be handed down prior to this session.  However, regardless of any U.S. Supreme Court decision, the Dodd-Frank Act requires collection of certain minimum data that still will require regulatory implementation.  As such, any Court decision may only impact some but not all of the 1071 final rule.  Learn more and register.