Experts to moderate Community Reinvestment Act and Special Purpose Credit Program panels

Wolters Kluwer Compliance Solutions’ Timothy Burniston, Senior Advisor, Regulatory Strategy, and Jason Keller, Director, Advisory Services, will share insights on several key U.S. regulatory banking issues at the 2024 CBA LIVE conference March 25-27 at Gaylord National Harbor in Washington, DC.

Burniston will moderate a panel, “Operationalizing a Modernized CRA Rule” that focuses on major changes to Community Reinvestment Act (CRA) regulations at 10:30 a.m. Tuesday, March 26, while Keller participates in a panel discussion, “Achieving Success with Special Purpose Credit Programs (SPCPs),” at 3:25 p.m. Monday, March 25.

“The complexity of changes brought about by a modernized CRA presents banks with significant interpretive and operational challenges they will have to navigate,” said Vikram Savkar, Executive Vice President and General Manager, Wolters Kluwer Compliance Solutions. “Special Purpose Credit Programs present opportunities for lenders in helping identify and expand credit. Both panels should generate lively discussions to help advance understanding and informed decision making for industry stakeholders.”

Given a growing interest from banks and regulators alike in the use of SPCPs, Keller’s panel will present insights on best practices for navigating, implementing, and operating an SCPC to its greatest potential. Burniston will moderate a panel of highly experienced industry CRA leaders who will discuss strategic and tactical approaches to optimize the implementation process that will be essential to meet the objectives of the new, modernized CRA rule.

Now in its 15^th year, CBA LIVE provides senior bankers and industry leaders from across the country a forum for discussing and exploring the latest industry trends and ideas.

Wolters Kluwer Compliance Solutions is a market leader and trusted provider of risk management and regulatory compliance solutions and services to U.S. banks, credit unions, insurers and securities firms. The business sits within the Wolters Kluwer Financial & Corporate Compliance (FCC) division and helps these financial institutions efficiently manage risk and regulatory compliance obligations, and gain the insights needed to focus on better serving their customers and growing their business.

For more information about Wolters Kluwer, please visit: www.wolterskluwer.com

About Wolters Kluwer

Wolters Kluwer (EURONEXT: WKL) is a global leader in information, software solutions and services for professionals in healthcare; tax and accounting; financial and corporate compliance; legal and regulatory; corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services.

Wolters Kluwer reported 2023 annual revenues of €5.6 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 21,400 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.

For more information, visit www.wolterskluwer.com, follow us on LinkedIn, Facebook, YouTube and Instagram.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240320519620/en/