Participants who complete the program will earn an ABA-Wharton CEO Executive Leadership Certificate. The
registration deadline is April 21. Register now.
Application Period Now Open for 2017 Stonier Session
Applications are now being accepted for next year’s session of ABA’s Stonier Graduate School of Banking, to be
held June 1-8, 2017, at the University of Pennsylvania’s Wharton School in Philadelphia. The application
deadline for the 2017 session is May 1.
As the banking industry’s preeminent graduate school, Stonier delivers the highest standard of executive
education, convening talented banking professionals working for community, regional or money center banks,
regulatory agencies and bank service organizations. Most Stonier students are at the VP level or higher, and
approximately 1 in 5 are EVPs or CEOs. Since its founding in 1935, Stonier has trained more than 25,000 top
banking executives and regulators. Learn more and apply now.
See ABA’s calendar for a complete list of upcoming briefings.
Jan. 26 Managing Emerging Anti-Money Laundering Risk in the Age of Digital Disruption
The continued advancement of the payments industry and financial services technology ("Fintech") has
significantly expanded the way money is handled and how financial transactions are completed. Banks,
payments and technology firms are accelerating efforts to innovate and adapt financial services alternatives to
meet the growing demand of customers and consumers. With these market advancements, new products,
services and partnerships have resulted in emerging anti-money laundering (AML) compliance and risk
management concerns that are attracting the attention from Fintech and payment executives, bankers and
regulators. This briefing will focus on:
Exploring recent trends and emerging risks arising from financial services innovation
Discussing areas of intensified regulatory scrutiny
Identifying practical approaches for meeting regulatory expectations
Discussing AML operational strategies for meeting and/or mobilizing for new and innovative products,
services and customers
Jan. 31 CFPB Prepaid Accounts Rule
The CFPB finalized the Prepaid Accounts Rule on October 5, 2016. This briefing will describe the prepaid
account rule's amendments to Regulation E and Z, which extends consumer protections to prepaid cards and
other prepaid accounts. Prior to account opening, consumers must receive "short form" and "long form"
disclosures listing fees and other information. In addition, Regulation E's provisions related to unauthorized
transactions will extend to prepaid accounts. Prepaid account issuers must provide periodic statements or,
alternatively, provide access to an online account history. If overdraft or other credit features are linked to prepaid
accounts, the credit card provisions of Regulation Z apply. Finally, the Bureau will require issuers to post
agreements on their websites and submit account agreements to the Bureau for inclusion in a Bureau database.
The briefing will discuss the types of products that are subject to the Prepaid Accounts Rule. This includes
traditional general-purpose reloadable prepaid cards, whose primary purpose is conducting transactions with
unaffiliated merchants for goods or services, or at ATMs or conducting person to person transactions, as well as
virtual accounts that are not linked to a physical access device, but store funds electronically. Checking accounts
and virtual currency accounts present gray areas, which this briefing will discuss. This briefing will focus on:
The definition of a "prepaid account" covered by the Prepaid Account Rule