Aug 22, 2024
Reg GG was passed several years ago, yet with more and more states allowing legal online gambling, how does this impact our compliance responsibilities? What does this regulation require us to do? Who does it apply to? How do we evidence compliance?
Regulation GG implements the provisions of the Unlawful Internet Gambling Enforcement Act of 2006. Essentially, the regulation requires non-exempt institutions to establish policies and procedures that are designed to identify, block, and prevent unlawful internet gambling transactions.
In this session, we will dive into the requirements of Reg GG and how to identify the transactions covered under the regulation, especially in light of seeing an increase in legal online gambling transactions over the last few years.
We will provide best practices for conducting the appropriate due diligence at the time of account opening as well as monitoring for covered transactions on an ongoing basis. We will provide tools and samples to assist you in meeting your Reg GG compliance obligations long after our session has ended.
Who Should Attend
This informational session is designed for New Accounts Personnel, Branch Managers, Loan Officers, Operations Personnel, Compliance Officers, and Internal Auditors.
Dawn Kincaid began her banking career while attending The Ohio State University. She has 19 years of experience in client service, operations, information technology, administrative and board relations, marketing, and compliance. Most recently Dawn served as the Senior Vice President of Operations for a central-Ohio-based community bank, where she created and refined policies and procedures, conducted self-audits and risk assessments, and organized the implementation of new products and services. Dawn has served in the roles of Compliance, BSA/AML, CRA, Privacy, and Security Officer. She has led training initiatives, prepared due diligence information, completed a variety of regulatory applications, coordinated internal and external audits, and exams, and presented for numerous state associations.
Available Upgrades
12 Moths OnDemand Playback $120.00
12 Months OnDemand Playback + Digital Download $150.00
AyZha Hazelwood, Education Meeting Coordinator
Ahazelwood@indiana.bank
317-387-9380