IRS Form 1099, 1099-NEC, and Form 1099-MISC: Advanced Issues and Updates

Document Retention and Destruction Policies for Financial Institutions (OnDemand Webinar)

$149.00

SKU: 409735EAU

Description

Gain insight into the complex regulatory framework applicable to financial institutions’ recordkeeping requirements, including key provisions and compliance obligations.The importance of robust and uptodate document retention and destruction policies for financial institutions is paramount. In this presentation, we will discuss the complex regulatory framework applicable to financial institutions recordkeeping requirements, the importance of compliance with document retention and destruction practices in investigations and litigation, the current focus on offchannel business communications by civil and criminal regulators, and examples of cases involving the failure to properly preserve or destroy business records and related repercussions. The training will also offer guidance on best practices and tips for managing recordkeeping requirements and avoiding future scrutiny by regulators or private litigants.

Date: 2023-11-30 Start Time: End Time:

Learning Objectives

Heightened Focus on Retention and Destruction Policies and Practices

Financial Institution Regulatory Framework

Data Privacy and Cybersecurity Concerns

Spotlight on Off-Channel Communications

Examples of Improper Retention/Destruction Issues and Collateral Consequences Associated With Deficient

Retention and Destruction Policies and Practices

Practical Tips and Key Strategies for Success

CLE (Please check the Detailed Credit Information page for states that have already been approved) ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Brooke E. Conner-Vedder Price P.C., Rachel T. Copenhaver – Vedder Price P.C.

IRS Form 1099, 1099-NEC, and Form 1099-MISC: Advanced Issues and Updates

Document Retention and Destruction Policies for Financial Institutions (OnDemand Webinar)

$219.00

SKU: 404936EAU

Description

Gain a better understanding of legal and regulatory requirements and practical considerations for both electronic and paper document retention and destruction.Financial institutions are subject to an array of statutory, common law and other obligations to preserve documents. Given the size of many financial institutions and the complex regulations governing them, financial institutions are acutely sensitive to the costs, burdens, challenges and pitfalls associated with document preservation and destruction. This topic helps internal and external counsel for financial institutions to understand the obligations they face, and the best practices for creating costeffective and efficient document retention and destruction policies. This information is critical for any financial institution, especially those that are considering making changes to their policies, implementing new document related software, or engaging in litigation.

 

How to Identify Your Institution’s Document Retention and Destruction Obligations
• Statutory Requirements
• Common Law Requirements
• Other Considerations

How to Navigate Challenges Associated With Document Retention and Destruction Policies
• What Can Go Wrong
• Best Practices

How to Create and Implement Effective Document Retention and Destruction Policies
• Making Effective Use of Internal Resources and Outside Counsel
• Examples of Effective and Ineffective Policy Language

CLE (Please check the Detailed Credit Information page for states that have already been approved) ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Manny Caixeiro-Dentons, Timothy Carroll – Dentons