This UDAAP: Deceptive Acts or Practices online training course explores the three key elements regulators use to determine deception and review real examples to understand how these issues arise in practice. By strengthening awareness of these concepts, the course helps bank personnel better identify risks and support proactive compliance efforts.
Course Learning Objectives
By taking this online UDAAP: Deceptive Acts or Practices course, the user will learn:
- What is a deceptive act or practice
- How to recognize a deceptive act/practice
- What the bank should do to minimize risk
Course Outline
This online UDAAP: Deceptive Acts or Practices course is made up of the following sections:
- Introduction
- Background
- Deceptive Acts or Practices
- Representation, Omission or Practice that Misleads/Likely to Mislead
- Act or Practice Considered from Perspective of Reasonable Consumer
- Representation, Omission or Practice must be Material
- Examples
- What Does This Mean for Banks?
- Conclusion
Course Audience
This UDAAP: Deceptive Acts or Practices online training course was designed for all bank employees.
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 Features |
Accessible, Video, Audio, Mobile |
| Course Language |
English |
| Length Range |
30 Minutes or Less |
| Length (Hours) |
0.5 |
| Module Number(s) |
42277EN |
