Details
June 29, 2017
12:30PM - 2:00PM
Unclaimed Property: Laws, Compliance & Risk
Webinar
Member Price: $250 Non-Member Price: $250
The banking industry has the number one reported unclaimed property asset among various industries, which depletes the assets of your organization. Unclaimed property laws can also leave financial institutions at risk of noncompliance, increasing the likelihood of significant fines and penalties. Given that some states no longer recognize ACH transactions as evidence of an active account, this could require FIs to close and remit assets from accounts that have direct deposits. With audits on the rise, it's important to learn as much as you can and take action to mitigate your risk.
Gain Awareness
- Learn about unclaimed property requirements and reporting;
- Best practices and becoming proactive about audits;
- Understand compliance and becoming compliant; and
- Common errors experienced by your peers.
Speakers:
Sandra Gaskamp, AAP, NCP
Operations Support Manager
University Federal Credit Union
Mary M. Gilmeister, AAP, NCP
President
WACHA - The Premier Payments Resource
Mike Ryan
SVP, Business Development
Georgeson Securities, Computershare
Moderator:
Pamela T. Rodriguez, AAP, CIA, CISA
President & CEO
ePaymentsAdvisors
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06/29/2017 12:30 PM
06/29/2017 02:00 PM
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Unclaimed Property: Laws, Compliance & Risk
Member Price: $250 Non-Member Price: $250
Click here to Register!
The banking industry has the number one reported unclaimed property asset among various industries, which depletes the assets of your organization. Unclaimed property laws can also leave financial institutions at risk of noncompliance, increasing the likelihood of significant fines and penalties. Given that some states no longer recognize ACH transactions as evidence of an active account, this could require FIs to close and remit assets from accounts that have direct deposits. With audits on the rise, it's important to learn as much as you can and take action to mitigate your risk.
Gain Awareness
Learn about unclaimed property requirements and reporting;
Best practices and becoming proactive about audits;
Understand compliance and becoming compliant; and
Common errors experienced by your peers.
Speakers:Sandra Gaskamp, AAP, NCPOperations Support ManagerUniversity Federal Credit Union
Mary M. Gilmeister, AAP, NCPPresidentWACHA - The Premier Payments Resource
Mike RyanSVP, Business DevelopmentGeorgeson Securities, Computershare
Moderator:Pamela T. Rodriguez, AAP, CIA, CISAPresident & CEOePaymentsAdvisors
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