About This Course:
This webinar will provide attendees with the best practices and red flags for dealing with the various legal documents served upon financial institutions. This webinar does NOT discuss the procedures mandated by particular state laws.
On a daily basis, a financial institution is faced with having to comply with a multitude of legal documents that are served on it. These documents can order your financial institution to produce confidential customer information, hold depositor funds, and can even order it to seize property in its possession belonging to the customer.
If you find these documents confusing and intimidating, attend this multi-state seminar to learn the best practices of how to deal effectively with these documents and the parties who serve them upon you.
What You'll Learn:- Legal differences among subpoenas, summonses, levies, garnishments, writs of attachments and warrants.
- What your financial institution should know about the Right to Financial Privacy Act, the Financial Privacy Act, and similar laws and regulations.
- Verifying customer information when complying with subpoenas, garnishments and levies.
- Helpful resources to assist your financial institution when complying with these orders.
- Whether IRS tax levies will attach to special accounts, like individual retirement accounts, health savings accounts and escrow accounts.
- An overview of procedures for answering garnishments of federal benefit payments.
Who Should Attend:Compliance officers, legal counsel and financial institution personnel who process legal documents served on financial institutions will find this information helpful.
Top FAQs
Probably the largest pitfall is the reaction of your employees, especially if the investigation is handled poorly. For instance, the company does not investigate theft allegations, tells the accused details from an accuser's accusations, and loss of profits and reputation.
Respond promptly and responsibly, assess, plan, investigate, evaluate, conclude.
Common law, retaliation, Assault & Battery, Defamation, Privacy, and more.
Several, including hostile or violent employees, retaliation lawsuits, state or federal repurcussions from broken laws, and affects on your workforce.
Employers must know the legal obligations that require them to conduct internal investigations, how to gather documentary and physical evidence, how to effectively handle witness interviews, and how to apply discipliary action or termination.
An "internal" or "workplace" investigation is a formal inquiry regarding allegations of wrongdoing to determine whether laws or corporate policies have been violated.
