Webinar: FFIEC on Social Media and How to Use Software to Leverage Social Media based on the New FFIEC Guidance.
Recently the FFIEC provided final supervisory guidance on social media compliance. Join our webinar HERE and learn about the guidance and how to use social media compliance software from Social Smart Software to help you comply with the FFIEC guidance.
We will review some of the key items from the recent guidance FFIEC guidance titled “Consumer Compliance Risk Management Guidance” issued on December 13th 2013. Including the excerpt below that seems to indicate prohibiting social media is not a solution and that this is an issue that institutions must deal with now!
“a financial institution should have a risk management program that allows it to identify, measure, monitor, and control the risks related to social media…In accordance with its own risk assessment, a financial institution that has chosen not to use Social Media should still consider the potential for negative comments or complaints that may arise within the many social media platforms described above, and, when appropriate, evaluate what, if any, action it will take to monitor for such comments and/or respond to them.”
CLICK HERE to download the entire FFIEC report.
The Webinar will also review how Social Smart Software can solve the compliance risks and challenges that your organization must address.
Please join us for an informative webinar as we highlight the final guidance from the FFIEC, its implications for your business and how our i-Comply solution can help your Financial Institution meet evolving regulatory responsibilities. Just CLICK HERE to sign up for this free webinar on March 25, 2014 at 2 pm ET (New York).