Edcomm Banker’s Academy Updates Compliance Training Program for 2010

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Edcomm Banker’s Academy has made immediate updates to its Compliance training program to reflect changes for 2010.

New York, NY, March 17, 2010 (PressReleasePoint) -- Edcomm Banker’s Academy has made immediate updates to its Compliance training program to reflect changes for 2010. Focus on Compliance has been updated as part of Edcomm Banker’s Academy’s ongoing commitment to providing the most up-to-date and pertinent financial services information as the banking industry enters a new decade.

The #1 reason cited for lowered compliance ratings by bank examiners is lack of adequate compliance training for appropriate personnel. The #2 reason cited is outdated or inaccessible policies and procedures regarding banking regulations. Financial institutions can prevent this by educating their employees about banking regulations, providing them with reference tools, documenting their efforts, satisfying the examiners and reducing their risk.

Focus on Compliance, from Edcomm Banker’s Academy, is a computer-based, distance-learning program that can be delivered via Internet, Intranet or CD. Focus on Compliance covers: Bank Secrecy Act (BSA), Anti Money Laundering (AML), USA PATRIOT Act, OFAC, Privacy, Reg P, Gramm-Leach-Bliley Act, Right to Financial Privacy, Sarbanes-Oxley (SOX), Reg CC & Check 21, Reg D, Reg E, Reg Z, Truth in Lending, FCRA, FACT Act, HMDA, CRA and Bank Bribery, among others. The program also includes a quick reference guide to all banking regulations, as well as a searchable library of reference materials.

For more information about programs like this, or to find out how The Edcomm Group Banker’s Academy can customize any training program, log onto www.bankersacademy.com or call +1.212.631.9400.

The Edcomm Group Banker’s Academy is a 22-year-old multimedia education and communication consulting firm specializing in the development of creative business solutions that improve productivity, customer service and market share - providing bottom-line results. The Edcomm Group Banker’s Academy has had the privilege of assisting many distinguished clients with business solutions in the form of eLearning programs, online bank training and classroom instruction, multimedia production and online and print based documentation. Edcomm Banker's Academy offers many off-the-shelf and customized courses such as Teller Training, Compliance Training and Systems Training specifically designed for Banks, Credit Unions and Money Services Businesses (MSBs).

The Edcomm Group Banker's Academy (www.bankersacademy.com) is headquartered in New York City with locations and representation throughout the world.
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