Carl Pry
Carl Pry is a Certified Regulatory Compliance Manager
(CRCM) and Certified Risk Professional (CRP) who is a Vice President and
Compliance Manager for a large financial institution in Ohio. Through his
working career, as well as through his experience as a banking attorney and
officer, he has provided a variety of regulatory compliance and financial
performance services to financial institutions and other clients throughout the
country. He has written extensively regarding consumer and commercial
compliance, tax, audit, and financial institution legal issues, and is a
frequent contributor to and currently serves on the Editorial Advisory Board for
the ABA Bank Compliance magazine. He has spoken at dozens of banking,
compliance, and state bar associations, and has conducted training sessions for
financial institutions across the country.
Tuesday, August 31st, 2010
10:00 am - 12:00 pm
CST
Retention and management of records is more complicated than just deciding
what to keep and for how long. In what form should records be kept? Should we
keep more than what the regulations require? If so, what? What about possible
litigation needs? Examiner expectations must be met, of course, but other
parties, such as law enforcement, auditors, and of course your customers, to
name just a few, may require access to information, as well.
To manage an effective program in a cost-effective manner, compliance
professionals must rely on information from a broad range of resources within
the organization. Records management is the point of convergence of these
resources, which is why effective and reliable records management must be part
of your Compliance Program.
The Institute of Certified Bankers (ICB) is dedicated to promoting the
highest standards of performance and ethics within the financial services
industry. This webinar has been approved for 2.5 CRCM credits.
Covered Topics:
- What types of information constitutes a record that we should retain?
- Where can I look for retention requirements?
- Are there best practices we can follow?
- How can I set up or enhance our bank’s records management program?
- What are the risks involved in records retention?
- What should an effective and comprehensive program look like?
- How should the program be organized? What is a taxonomy hierarchy, for
instance?
- Litigation needs – how does this process factor in?
- Destruction of records and information – when and how should this be
done?
This will be an interactive session with several opportunities for questions
and answers, so come prepared to discuss your needs and issues.
Who Should Attend?
Anyone involved in the creation, management, and
destruction of information and records will benefit from the knowledge and
information shared in this session, including compliance officers, auditors,
information security and management, IT personnel, senior management, bank
counsel, operations, privacy, and others with a vested interest to ensure a
cost-effective and comprehensive records management program.