2018 NACHA Operating Rules: An Update on Changes Ahead


OVERVIEW
There are changes to the NACHA Operating Rules each year. To remain in compliance with the Rules, the upcoming changes to be covered will include: Details of the funds availability requirement for the last and final phase of Same Day ACH (March 2018); Responsibility of the ODFI and the TPS Registration process which ends in March of 2018. Discussion on other regulatory changes, such as the major changes to Regulation CC (Availability of Funds and Collection of Checks) which was amended by the Federal Reserve Bank, Board of Governors on May 31, 2017 and will become effective on July 1, 2018.  In addition, details on the proposed rules by NACHA to expand Same Day ACH in the future.
WHY SHOULD YOU ATTEND
The NACHA Operating Rules need to be followed by all financial institutions who process ACH transactions. This webinar will provide all the details necessary to help them stay in compliance with all the changes coming in 2018! Topics such as the NEWLY adopted 2017 Third-Party Sender Registration Rule – with details; an overview of the 2016 significant changes and how they affect each participant.  Included will be the details on the Return thresholds and the Rules Enforcement process surrounding them.  The newly implemented rule change on the charges for unauthorized entries, (the ODFI pays the RDFI) and what are the return reason codes to monitor more closely.
Ach Guidelines

AREAS COVERED
  • How the 2017 TPS Registration – compliance requirements for the ODFI
  • Funds availability requirements for Same Day ACH credits for the last and final phase (Phase 3) of Same Day ACH 
  • Identify other changes in the regulatory space that affect your payment processing
  • Reg CC (Availability of Funds and Collection of Checks) changes that are effective in 2018
  • NACHA’s proposed Rule Changes to Same Day ACH
LEARNING OBJECTIVES
  • Identify the recent Rules changes (in 2017) 
  • Describe the elements of recent Rules changes to ensure FI’s and companies are in compliance with these recent changes
  • Outline the changes to Reg CC on availability of funds and collection of checks which becomes effective July 1, 2018
  • Review proposed changes to Same Day ACH in the future
WHO WILL BENEFIT
  • Financial Institution professionals (new/current operations staff)
  • Banking Operations managers and staff
  • Compliance and Risk professionals
  • Treasury Management professionals
  • Aspiring and current AAP’s (Accredited ACH Professionals)
  • Company / Business Owners (Originators)
  • Banking Managers/ Supervisors
  • Audit and Compliance Personnel / Risk Managers

For more detail please click on this below link:
http://bit.ly/2HsXxZM

Email: support@trainingdoyens.com
Toll Free: +1-888-300-8494
Tel: +1-720-996-1616
Fax: +1-888-909-1882

Comments

Post a Comment

Popular posts from this blog

Effectively Handle Toxic People for Better Productivity and Less Drama in 2020

Image
We all have people who push our buttons and if that relationship is with our boss, colleagues or clients, it can drain our energy, take us off track and infect the other areas of our life. Our upcoming webinar discusses successful strategies and tips for building a positive, productive relationship by knowing how to effectively respond to, cope, and manage the impact of their negative and toxic behavior in the workplace. The webinar covers the following key areas: ·          Identify and control the impact of difficult people so that you can keep the situation from escalating further ·          Differentiate the 4 types of attitudes and understand how they develop in order to keep your cool in a variety of situations ·          Utilize various verbal and non-verbal communication techniques and situational strategies that you can use to de-escalate and effectively handle upset people LEARNING OBJECTIVES Learn successful strategies and tips for building a positive, productive
Read more

All About Civility - Eliminating a Culture of Gossip, Rumors and Destructive Behavior: Whatever Happened to Respect?

Image
OVERVIEW Whatever happened to respect and civil behavior? What is the cost when we lose both? Uncivil behavior, left unaddressed, begins a downward spiral you and your employees can’t afford. Incivility, leads to gossip in the workplace , rumors, and then to bullying in the workplace, harassment and ultimately, what we see too much in the news every day now, sexual harassment. Overworked, disengaged and undisciplined staff does more harm to your reputation and employee productivity than you can afford. A workplace culture of tolerating a bad attitude by one or more employees is not acceptable. The cause of the employee attitude is generated from how they are treated at work, a seeming lack of respect of them. Is it you or is it the other person that is the real problem? Respect comes from dealing with the situation when it becomes evident. This presentation is about dealing with gossip in the workplace, how to change the behavior, and how to make employees to be solution o
Read more

BCBS 239 – Principles of Effective Risk Data Aggregation and Risk Reporting

Image
OVERVIEW Understanding the process required to ensure compliance withBCBS 239 as well as tips on ensuring that the right data is utilized. Finally, a detailed step by step analysis of COSO requirements and what a business can do to meet expectations. COSO continues to provide guidance and establish standards for performance in risk related processes.  BCBS 239 is the latest in a series of instructions which focuses on risk data aggregation. This webinar will include discussions on the risk data aggregation capabilities and internal risk-reporting practices (the Principles) that enhance risk management and decision making processes at financial institutions. BCBS 239 Compliance WHY SHOULD YOU ATTEND Early in 2015, the Basel Committee published the second progress report on bank’s adoption of BCBS 239. Several banks, at that time, stated that they would not be able to comply with the new standards by the 2016 deadline date.  However, regulators are now looking at how ins
Read more