ICBA - Industry Resources - Payments Resource Center

Webina: Fundamentals of the Flood Insurance Reform Act (WAV)

Recorded: July 31, 2013

Length: 60 Minutes

In July 2012, Congress passed legislation reforming the National Flood Insurance Program. The law raised rates to reflect true flood risk, implemented the new Preferred Risk Policy extension and changed how Flood Insurance Rate Map updates affect policyholders. Financial institutions are required make related changes within their compliance programs, and those that fail to do so face fines and increased losses in the event of inadequate notification and monitoring procedures. Join compliance practitioner, Tammy Kee, as she discusses changes that may affect your financial institution.

Upon completion of this webinar, participants will be able to:

  • Understand important requirements of amended program
  • Recognize possible changes to your institution’s compliance program
  • Identify potential ramifications of the new regulations

Speaker: Tamara Kee, CRCM, Managing Consultant, BKD National Financial Services Group

Tammy is a member of BKD National Financial Services Group and has more than 20 years of financial institution regulatory compliance experience. She has primarily focused on the development of risk-based compliance programs to manage compliance risk, including operational, reputational and product risk, in financial institutions.

1 CPE Credit

Program Level: Basic-Intermediate

For more information, call 800-422-7285.

ICBA Member Price: $199.00
Non-Member Price: $299.00

To order this product online at the member or non-member price:

For more information, call 800-422-7285.