Edcomm Banker’s Academy has made an immediate update to its compliance training program to reflect recent revisions made to the Temporary Liquidity Guarantee Program (TLGP).
New York, NY, March 23, 2009 – Edcomm Banker’s Academy has made an immediate update to its compliance training program to reflect recent revisions made to the Temporary Liquidity Guarantee Program (TLGP). Focus on Compliance has been updated to include this new information as part of Edcomm Banker’s Academy’s commitment to providing financial institutions with the most up-to-date, accurate information. Regulatory changes are immediately updated in Banker’s Academy’s content.
According to the new changes made to the TLGP, entities participating in the debt guarantee program may issue certain FDIC-guaranteed Mandatory Convertible Debt (MCD). The intent of this amendment is to give eligible entities additional flexibility to obtain funding from investors with long-term investment horizons and to reduce the concentration of FDIC-guaranteed debt maturing in mid-2012 that might otherwise have to be rolled into new debt.
Focus on Compliance, from Edcomm Banker’s Academy, is a computer-based, distance-learning program, and can be delivered via Internet, Intranet or CD-ROM. The program teaches banking compliance using easy-to-understand language in an interactive, self-paced format. Participants learn from their own perspective, with a curriculum customized to their position. Focus on Compliance covers: Bank Secrecy Act (BSA), Anti Money Laundering (AML), USA PATRIOT Act, OFAC, Privacy, Reg P, Gramm-Leach-Bliley Act, Right to Financial Privacy, Sarbanes-Oxley (SOX), Reg CC & Check 21, Reg D, Reg E, Reg Z, Truth in Lending, FCRA, FACT Act, HMDA, CRA, and Bank Bribery, among others. The program also includes a quick reference guide to all banking regulations, as well as a glossary of terms and a library of reference materials.
For more information about programs like this, or to find out how The Edcomm Group Banker’s Academy can customize any training program, log onto www.bankersacademy.com or call 888-433-2666.
The Edcomm Group Banker’s Academy is a 21-year-old multimedia education and communication consulting firm specializing in the development of creative business solutions that improve productivity, customer service and market share – providing bottom-line results. The Edcomm Group Banker’s Academy has had the privilege of assisting many distinguished clients with business solutions in the form of eLearning programs, classroom instruction, multimedia production and online and print based documentation. Edcomm Banker’s Academy offers many off-the-shelf and customized courses such as Teller Training, Compliance Training and Systems Training specifically designed for Banks, Credit Unions and Money Services Businesses (MSBs).
The Edcomm Group Banker’s Academy (www.bankersacademy.com) is headquartered in New York City with locations and representation throughout the world.
Contact:
Linda Eagle
Edcomm Banker’s Academy
21 Penn Plaza Suite 1010
New York, NY 10001
888-433-2666
[email protected]
http://www.bankersacademy.com
