UDAAP: Overview

This UDAAP: Overview online training course is designed for all bank employees. Unfair, deceptive, or abusive acts and practices (UDAAPs) can cause significant financial injury to consumers, erode consumer confidence, and undermine the financial marketplace. This course will introduce you to UDAAP and show you how to create a UDAAP compliance program.
SKU: P4215EN
$40.00
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This UDAAP: Overview online training course explores unfair, deceptive, or abusive acts and practices (UDAAPs). In this course, we will review the UDAAP rule and the agency that oversees the UDAAP rule: CFPB; the enforcement actions that the CFPB has brought against companies for UDAAP violations; and how to create and manage a quality UDAAP compliance program.

Course Learning Objectives

By taking this online UDAAP: Overview course, the user will learn:

  • The definition of UDAAP
  • What an unfair, deceptive or abusive act or practice is
  • How to identify acts and practices that prompt CFPB to take UDAAP enforcement action
  • How to create and maintain a UDAAP compliance program

Course Outline

This online Overview course is made up of the following sections:

  1. Introduction
  2. What is UDAAP
  3. Sample Violations
  4. Creating a UDAAP Compliance Program
  5. Conclusion

Course Audience

This UDAAP: Overview 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) 16287EN