Event Calendar

Thursday, July 25, 2024

Section 1071 of the Dodd Frank Act Webinar

Start Date: 7/25/2024 8:30 AM MDT
End Date: 7/25/2024 10:00 AM MDT

Organization Name: Independent Bankers of Colorado

Maelynn Lewis
Email: mlewis@ibcbanks.org
Phone: (303) 832-2000

The Consumer Financial Protection Bureau will begin enforcement of the collection and reporting of small business credit applications as mandated by Section 1071 of the Dodd-Frank Act.
During this presentation, we will discuss the technical requirements of the Section 1071 Final Rule, what your financial institution should consider in order to comply with the requirements, potential challenges that your financial institution may encounter during implementation, and a timeline of events leading to changes in the mandatory compliance dates for the Final Rule.
Learning Objectives: After attending this session, you will be able to: 
  • Briefly state the history of Section 1071 and its regulatory requirements
  • Describe the importance of data gathered via Section 1071 requirements
  • Determine the potential challenges of implementing Section 1071 requirements within your financial institution
  • Understand the changes made to the mandatory compliance dates for the Final Rule based on previous court-related events
The conference will be conducted live via Zoom. You will receive login information and handout materials prior to the conference.
You and your team! This webinar was created for president, directors, compliance officers, lenders, c-suite team members, and anyone interested in learning more about the CFPB’s 1071 Rule.

ICBC Members Complimentary
Non-members $50 per attendee

Kate Gutierrez-Wilson, CRCM-IA, Compliance Manager, Crowe LLP
As a Financial Services Regulatory Compliance Manager, Ms. Gutierrez-Wilson is responsible for managing the delivery of compliance risk management services for the firm’s financial institution clients. She has spent 25+ years in the banking industry, overseeing credit, compliance, and fair lending risk for numerous financial institutions. Prior financial institution industry positions include SVP-SBA Servicing & Liquidation Manager and SVP-Fair & Responsible Banking. In addition, Ms. Gutierrez-Wilson is a former Consumer Affairs managing Examiner for the Federal Reserve Bank of Chicago and Consumer Affairs Examiner for the Federal Reserve Bank of Atlanta.
David Larocque, CRCM, CAMS, Senior Manager, Crowe, LLP
Mr. Larocque is a Senior Manager in Crowe’s Financial Services Consulting Practice. He has over 10 years of experience working in Professional Services in the Northeast and over 15 years of experience in the Banking industry. He is an engagement leader for financial institutions with deep expertise in regulatory compliance and Anti-Money Laundering (AML). He is responsible for leading regulatory compliance engagements for Crowe's Financial Services clients in the Northeast.

Jonathan Marciniak, Senior Manager, CRCM, CAMS, Crowe, LLP
As a Senior Manager in Crowe’s Financial Services Compliance Consulting practice, Jonathan is responsible for managing the delivery of fieldwork for the firm’s compliance clients. Among the clients Jonathan has served in this capacity are institutions ranging from community banks and credit unions to financial institutions with assets greater than $10 billion. These institutions are overseen by the CFPB, FRB, FDIC, OCC and NCUA. Additionally, Jonathan has performed compliance risk assessments and evaluated control environments for two of the largest financial institutions in the country.