Wolters Kluwer Compliance Solutions hosts Limited English Proficiency banking webinar

Wolters Kluwer Compliance Solutions’ Timothy Burniston, Senior Advisor, Regulatory Strategy, will lead a regulatory compliance webinar with moderator Darren M. Welch, Counsel, Skadden, Arps, Slate, Meagher & Flom LLP, “A Roadmap for Limited English Proficiency (LEP).” The complimentary event will take place 2-3 pm EDT on Tuesday, May 24.

Joining Burniston and Welch in this panel discussion are Sara J. Erickson, Vice President, Fair & Responsible Banking Program Manager, U.S. Bank, and Dave Rosamond, Executive Director and Assistant General Counsel, JPMorgan Chase & Co. Darren Welch will moderate the session.

Serving banking customers in non-English languages is generally viewed as a positive development for all participants. However, there are many uncertainties for banks to consider in properly executing on an LEP strategy, including determining to what extent such services and product offerings can be operationalized. Session participants will review the requirements and risks around LEP offerings and then dive into some regulatory guidance issues and specific compliance measures related to non-English language support. This session will seek to answer financial institutions’ most pressing questions around LEP product and service offerings.

This session marks the second in a series of “pre-Colloquium” complimentary educational webinars featuring in-depth discussions around fair lending topics of great interest to lenders, regulators and fair lending advocates. The 26th annual CRA & Fair Lending Colloquium, hosted by Wolters Kluwer Compliance Solutions, will be held between November 13th and 16th at Caesars Palace, Las Vegas.

Governance, Risk & Compliance is a division of Wolters Kluwer, which provides legal and banking professionals with solutions to help ensure compliance with ever-changing regulatory and legal obligations, manage risk, increase efficiency, and produce better business outcomes.