This Small Business Lending Rule (1071) – Applicability online training course explores the new subpart B to regulation B in order to comply with the Small Business Data Collection requirements. This course explores what constitutes a covered transaction for determining applicability to the rule and the definition of a covered application which is necessary to know for collecting and reporting the appropriate data to the CFPB.
Course Learning Objectives
By taking this online Small Business Lending Rule (1071) – Applicability course, the user will learn:
- How to determine if your financial institution must comply with the new rules
- How to ensure data is collected and reported on credit applications applicable to the new rules
Course Outline
This online Small Business Lending Rule (1071) – Applicability course is made up of the following sections:
- Covered Financial Institution
- Covered Transactions
- Covered Applications
Course Audience
This Small Business Lending Rule (1071) – Applicability online training course was designed for employees responsible for
compliance professionals and employees responsible for commercial lending.
If you have any concerns as to whether this course is appropriate for you or your industry, please browse our full selection of online courses.
| Course Language |
English |
| Length Range |
31 - 60 Minutes |
| Length (Hours) |
0.5 |
| Course Features |
Accessible, Video, Audio, Mobile |
| Module Number(s) |
41846EN |
