Compliance Events
Implementing the New Illinois Notary Requirements
September 12, 2023
OnDemand Access - available until Tuesday, October 31
Implementing the New Illinois Notary Requirements webinar, presented on Tuesday, September 12, delved into new and complex requirements for notaries public in Illinois. Attorneys from the IBA and the Illinois Secretary of State’s office shared how to navigate the sweeping changes to the Notary Public Act and the Secretary of State’s new administrative rules, including maintaining notarial journals, performing remote and fully electronic notarizations, training, and study course mandates, and more.
If you missed out on the live-streamed session, you can still purchase the OnDemand recording option!
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IBA October Compliance Forum
Thursday, October 12
The Regency Conference Center, O'Fallon or Live Streamed Via Zoom
The IBA’s Compliance Forum provides an opportunity for bankers to meet in person and examine pressing issues constructively, exchange ideas, and share solutions among colleagues in a comfortable and professional environment. We will provide timely updates on a variety of topics for you to take back to your bank.
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Bank Counsel Conference
Friday, December 1
The Drake Hotel, Chicago
The Bank Counsel Conference is the most prestigious gathering of bank counsel in Illinois. Whether you provide general advice to a bank within the scope of a general practice or concentrate on one or more specific areas related to banking, this program helps you identify and manage cutting-edge issues that are central to your clients and your practice.
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Illinois bankers are constantly challenged with new laws, regulations, enforcement trends, and other pressing compliance concerns. The IBA is here to help! Your IBA membership includes access to members-only compliance resources, guidance on compliance inquiries, outstanding educational events and networking opportunities, a weekly compliance newsletter, and more!
Daily Coffee
Federal Court Blocks CFPB’s Small Business Lending Rule. A federal district court in Kentucky has issued a nationwide injunction prohibiting the CFPB from enforcing its Small Business Lending Data Collection rule until the U.S. Supreme Court decides the constitutionality of the CFPB’s funding structure in Community Financial Services Association of America, Ltd. v. CFPB. The Supreme Court is expected to issue its decision before the end of June 2024. View the order and a related article.
September 18, 2023
CFPB Updates FAQs on Small Business Lending Rule. The CFPB has updated its FAQs on the CFPB’s Section 1071 Small Business Lending Data Collection Rule. The updated FAQs address covered credit transactions, establishing and maintaining a “firewall” to prohibit certain employees from accessing applicants’ demographic information, record retention, and more. Read the FAQs.
September 15, 2023
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We are an Iowa bank with branches in Illinois. Must the Illinois branches follow Illinois law for notarizations?
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