Edcomm Bankerís Academy has updated its Compliance training programs to include the Joint Guidance on UDAP.



[USPRwire, Wed Nov 18 2009] Edcomm Bankerís Academy has updated its Compliance training programs to include the Joint Guidance on Unfair and Deceptive Acts or Practices (UDAP). Focus on Compliance has been revised as part of Edcomm Bankerís Academyís commitment to providing the most up-to-date and pertinent financial services information.

The Joint Guidance on Unfair and Deceptive Acts or Practices (UDAP) outlines the standards that the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board (FRB) will consider when applying the prohibitions against UDAPs found in the Federal Trade Commission (FTC) Act. The document also provides advice on managing risks relating to UDAPs. The FDIC requires that all financial institutions eliminate the use of UDAPs in every product and service they offer.

Focus on Compliance, from Edcomm Bankerís Academy, is a computer-based, distance-learning program that can be delivered via Internet, Intranet or CD. The program teaches banking compliance in an interactive, self-paced format. 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 searchable library of reference materials.

For more information about programs like this, or to find out how The Edcomm Group Bankerís Academy can customize any training program, log onto www.bankersacademy.com or call +1.212.631.9400.

The Edcomm Group Bankerís Academy is a 22-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 Bankerís 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:
Dr. Linda Eagle
Edcomm Bankerís Academy
21 Penn Plaza Suite 1010
New York, NY 10001, USA
T: 212.631.9400
F: 212.631.0659
linda.eagle@edcomm.com
http://www.bankersacademy.com

Company: Edcomm Bankerís Academy
Contact Name: Dr. Linda Eagle
Contact Email: linda.eagle@edcomm.com
Contact Phone: 212.631.9400

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