U.S. Office of the Comptroller of the Currency Leader Headlines Wolters Kluwer’s 26th Annual Colloquium on ARC and Fair Lending


MINNEAPOLIS–(BUSINESS WIRE)–Wolters Kluwer Compliance Solutions will host its 26e Annual CRA & Fair Lending Symposium November 13-16 at Caesars Palace in Las Vegas. This year’s sessions feature dialogue and debate led by some of the nation’s top federal banking regulators, bank compliance officers and other regulatory compliance experts on important issues of fair lending and community compliance. Reinvestment Act (CRA) affecting the American banking sector.

Michael J. Hsu, Acting Comptroller of Currency for the United States Office of the Comptroller of the Currency (OCC), will deliver his keynote address on Monday, November 14. James Ballentine, longtime public policy and government affairs expert, founder and CEO of Ballentine Strategies, will deliver his keynote address on Tuesday, November 15.

This year’s Colloquium features top U.S. regulators and other leading regulatory compliance experts who dive deep into issues of Fair Lending and the Community Reinvestment Act (CRA) – as well as other related regulatory developments and trends – in a series of panel discussions and presentations. A particular focus this year will center on the recent Notice of Proposed Rulemaking to modernize CRA regulations to better reflect significant changes in the banking industry since the last major regulatory review in 1995.

Hsu leads OCC’s efforts to ensure that its regulated institutions provide fair and equitable access to credit and services. It will elaborate on OCC’s review, oversight and enforcement priorities and discuss how the agency addresses discriminatory lending practices to ensure compliance with Fair Lending and other consumer protection laws. clients.

Presentation by James Ballentine, “Signals to Watch: Why the 2022 Midterm Elections Matter for CRA, HMDA and Fair Lending Compliance, examine the results of the US midterm elections and changes that may impact the legislative and regulatory landscape, particularly those relating to CRA and lending fairness.

Joining the keynote speakers as guest speakers presenting ideas and updates at this year’s Colloquium are Eric Belsky, Board of Governors of the Federal Reserve System; Mark Pearce, Federal Deposit Insurance Corporation; Grovetta Gardineer, OCC; Jon Seward, United States Department of Justice; and Patrice Ficklin, Consumer Financial Protection Bureau. In addition to these presenters, bank CRA and Fair Lending compliance officers, federal regulators, attorneys, community group representatives and other industry experts will speak at this year’s symposium. .

“For more than two decades, the Colloquium has provided American bankers with an incredible opportunity to hear directly from regulators and industry leaders on the most pressing implications regarding the evolution of regulatory compliance in fair lending and of ARC for their institutions,” said Timothy R. Burniston, Senior Advisor, Regulatory Strategy at Wolters Kluwer. “Given the growing scope and complexity of regulatory changes – including significant proposed changes to the CRA’s regulations and review framework, and initiatives such as the upcoming final rules for collecting data on Dodd Frank Section 1071 Small Business Loans – participants will walk away better informed and prepared to handle these complex issues.

Since its inception in 1996, the symposium has become the premier forum for bank and credit union compliance officers, state and federal banking regulators, risk managers, consultants, vendors and others. Industry players looking for in-depth information on Fair Lending and CRA issues as they browse. increasingly complex regulatory and risk management challenges facing financial institutions today.

“The symposium continues to bring together a range of expertise, perspectives and depth on key regulatory compliance issues facing U.S. banks and credit unions,” said Steve Meirink, executive vice president and director General, Wolters Kluwer Compliance Solutions. “We are thrilled and honored to have these top regulatory compliance experts bring their insights to this year’s Colloquium and look forward to lively discussions on these critical topics. »

Sponsors of Colloquium 2022 include the American Bankers Association and the Independent Community Bankers of America. For more information, please visit Wolters Kluwer’s CRA & Fair Lending Colloquium website.

Wolters Kluwer Compliance Solutions is a market leader and trusted provider of risk management and regulatory compliance solutions and services to US banks and credit unions, insurers and securities firms. The company, part of Wolters Kluwer’s Governance, Risk & Compliance (GRC) division, helps these financial institutions effectively manage risk and regulatory compliance obligations, and gain the insights needed to focus on better service to their customers and the growth of their business. Compliance Solutions’ CRA Wiz and Fair Lending Wiz help financial institutions address cost and risk while managing their CRA and Fair Lending compliance obligations.

About Wolters Kluwer Governance, Risk and Compliance

Governance, Risk & Compliance is a division of Wolters Kluwer, which provides legal and banking professionals with solutions to ensure compliance with ever-changing regulatory and legal obligations, manage risk, increase efficiency and deliver better business results. GRC offers a portfolio of expert technology services and solutions focused on Legal Entity Compliance, Legal Operations Management, Banking Product Compliance and Banking Regulatory Compliance.

Wolters Kluwer (AEX: WKL) is a global leader in information services and solutions for professionals in healthcare, tax and accounting, risk and compliance, finance and legal. Wolters Kluwer achieved annual sales of €4.8 billion in 2021. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in more than 180 countries, maintains operations in more than 40 countries and employs 19,800 people worldwide.

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