Embed Size (px)
Citation preview
Getting Ready for Proposed FFIEC Call Report Changes
www.onlinecompliancepanel.com | 510-857-5896 | [email protected]
Instructor Profile:
Dr. Gina J. Lowdermilk, PhD (ABD), CAMS, CRMS is a qualified BSA/AML and Financial Regulatory Compliance professional with extensive policy and procedure development and implementation, training, internal audit, monitoring, risk management, and reporting experience. Her emphasis has been on working with financial institutions that are experiencing regulatory concerns and resolutions, including enforcement actions such as memorandums of understanding and cease and desist orders. Her 15 years of experience has given her the opportunity to work with small community banks to large international financial institutions. Her roles not only included BSA/AML and Compliance, but also operations, lending services, business development, marketing, management, department development, and asset quality.
Ms. Lowdermilk has worked with all of the financial regulators and examiners. She possesses advanced Microsoft Excel, PowerPoint, Word, Internet Explorer, Visio, and Access skills. She also has experience with FiServ, BAM, CRA Wiz, TeamMate, COGNOS, and Metavante banking software. Gina has been responsible for creating both recurring and ad hoc executive management and board presentations. In addition to her above experience, she is also an adjunct instructor for the business and construction management programs at a local college, as well as writes numerous BSA/AML and Compliance articles, training materials, and manuals as per clients’ requests.
www.onlinecompliancepanel.com | 510-857-5896 | [email protected]
Description:
The quarterly Call Report has grown from a small report to over eighty-pages of balance sheet and income statement detailed schedules and disclosure items. It is now a laborious, time-consuming task that requires countless hours of concentration. This webinar will explain the Call Report proposals and review the changes on the proposed drafts of the new Schedules.
www.onlinecompliancepanel.com | 510-857-5896 | [email protected]
Objectives of the Presentation:
The FFIEC proposed Call Report changes, effective no earlier than September 30, 2016, address the following:
Deleting existing linesIntroducing new dollar thresholds and increasing existing dollar thresholdsChanges to the instruction bookIntroducing new lines and revising existing linesIntroducing new lines and revising existing sparsely used lines.
www.onlinecompliancepanel.com | 510-857-5896 | [email protected]
Areas Covered:
A small sample of the changes on which this event will focus includes:Specific lines that will be deleted.Schedules where the proposals raise the dollar thresholds for itemizing and describing certain Schedule componentsProposed changes to the instruction book such as reporting HELOC that convert from revolving to non-revolving statusTreatment for securities where the fair value option is electedNet gains or losses on sales of and OTTI on equity securities without readily determinable valuesChanges to the level of external auditing work performed during prior yearNew and revised lines used by only a small number of depository institutions on specific schedules.Plus many more changes!While these changes will not be in place any earlier than Sept 30, 2016, all preparers of the Call Report must be aware of and understand the proposed changes and new Schedules and/or lines. The new "streamlined" Call Report will require accurate mapping to comply with the proposed changes.
www.onlinecompliancepanel.com | 510-857-5896 | [email protected]
Who can Benefit:
AccountingAuditorsComplianceOperationsFinancial Officers
Track this Link:
Proposed FFIEC Call Report Changes
www.onlinecompliancepanel.com | 510-857-5896 | [email protected]
