Risk & Compliance Roundup: Dynamic Risk Management, Credit Union Redlining Settlement
- October 25, 2024
- Quantivate
Welcome to your weekly roundup of risk and compliance management resources, brought to you by Ncontracts.
This edition covers topics including:
New from the Nsight Blog
DOJ Fines Credit Union $6.5 Million in Redlining Settlement
Did you know credit unions can face redlining violations too? Learn how a $6.5 million DOJ settlement is reshaping fair lending enforcement and explore takeaways for avoiding unintentional discrimination. This landmark case signals increased regulatory scrutiny of credit union lending practices, making it crucial to understand how branch locations, marketing strategies, and policies could impact your fair lending compliance.
Related Reading | Credit Union Examiners to CEOs: Fair Lending Exams are Coming! →
What Is Dynamic Risk Management and How Does It Work?
Want to move beyond annual risk assessments to a more agile approach? Discover how dynamic risk management helps financial institutions identify and address risks in real time and how technology can support your strategy and satisfy regulatory requirements.
Bonus Resource
Book Excerpt: The Upside of Compliance
Discover how to build a compliance program that not only protects your institution but drives growth and innovation, with practical insights from industry veterans Stephanie Lyon and Michael Berman.
Drawing from decades of financial services experience, this essential guide shows you how to navigate regulatory requirements with confidence while turning compliance challenges into opportunities for success.
Download your free excerpt of The Upside of Compliance.