Compliance Webinar: Business Continuity and Disaster Recovery Challenges for Compliance Professionals

In light of recent FINCEN and FFIEC regulatory guidance in response to the COVID-19 pandemic, financial institutions have been asked to review the potential impact on current work processes and their compliance teams’ ability to keep pace with their filing obligations. They have also been asked to review their business continuity plans and ensure that FIs adequately plan and address the challenges of remote communications, third-party vendor preparedness, and limitations in staff availability. Finally, the guidance also suggests exploring ways in which outsourcing, or process automation, can assist in mitigating potential negative impacts.

During this FIBA hosted webinar on Thursday, May 28th at 11 am EST, Alacriti’s SVP of  Governance, Risk and Compliance, Buck Kulkarni, along with other compliance professionals from Intelligence for Action LLC, Community Federal Savings Bank NY, and Quantaverse will: 

1. Review current IT-related best practice, including Zero Trust Architecture and relevant NIST recommendations
2. Cover how current thinking has been challenged by social distancing and other related policies
3. Share lessons learned and how they have adjusted to surprises and challenges brought on by the current pandemic.
4. Provide examples and suggested approaches that leverage third-party providers and/or automation to assist in mitigating the impact on compliance workflows.

Register Here