Stout, Troutman Sanders, Pepper Hamilton and Secura are pleased to co-host a panel discussion of industry experts addressing issues and questions that financial institutions and non-bank financial institutions (NBFIs) (collectively referred to as lenders) are raising with regard to the CARES Act Paycheck Protection Program (PPP) participation and related risks. We will focus on:
- Providing an overview of the PPP, including the recently issued interim final guidance
- Determining eligibility to participate in the program as a lender
- How NBFIs can implement an effective BSA/AML program to comply with lender requirements
- Tips and pointers for all lenders for keeping up with BSA/AML requirements
- How lenders should be determining borrower eligibility, loan amounts, and forgiveness eligibility
- Regulatory issues, rules, and regulations that apply when originating loans
- Policies, procedures, processes and controls that lenders should implement to help mitigate BSA/AML, fraud, and other regulatory related risks
- Other issues and risks that lenders have been facing since the COVID-19 pandemic.
- Christopher A. Rossi, Partner, Pepper Hamilton LLP
- James W. Stevens, Partner, Troutman Sanders
- Terri Sands, Founder, Secura Risk Management and Former Senior Analyst, Federal Reserve Bank of Atlanta
- Jesse R. Morton, Director and Southeast Forensic Services Leader, Stout
- Steve Lovoy, Director of Disputes, Compliance and Investigations, Stout
Access the On-Demand Recording.
This webinar is available on demand by clicking here and clicking the “Register” button on the Zoom page.