Compliance: CFPB, FDIC to host elder abuse prevention webinar

The Federal Deposit Insurance Corporation (FDIC) and Consumer Financial Protection Bureau (CFPB) will co-hosting a webinar July 25 to outline strategies to address and prevent elder financial abuse. Registration is currently open for the free webinar, scheduled for 2 p.m. (ET) July 25.

The webinar will focus on the benefits of appropriate collaboration between financial institutions and law enforcement regarding this issue and will provide financial institutions with resources and strategies to develop strategic relationships.

In addition, the webinar will discuss the unique challenges involved in detecting and preventing elder financial abuse and will explain how Suspicious Activity Report (SAR) filings can be used to combat it.


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