NCCUL Headline Stories

Compliance and Risk Management Council Focuses on Law Enforcement Partnerships

Posted on October 20, 2011

 
On October 13, the Compliance and Risk Management Council hosted a financial fraud meeting for credit union employees and federal law enforcement officers.  “Opportunities such as this meeting present a great opportunity for both members of the financial industry and law enforcement to share threats and trends seen by both groups.  More importantly, this will help attendees better protect their institution and clients by receiving the latest threat briefs on how the bad guys are defrauding banks and through the networking opportunities to exchange information among counterparts at other institutions” said Special Agent Peter Ahearn.   Jan Duggins with Piedmont Advantage said, “Establishing reliable contacts in both areas of compliance and risk is the key when assistance is needed, rather than having to 'reinvent the wheel' and wasting time not knowing where to turn to for assistance.”

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