Regulatory Changes Key Topic of Central Jersey Dinner Meeting
Chapter Schedules Additional Meetings in Central Jersey Area
The NY/NJ Chapter recently held the Chapter’s second dinner meeting in the central New Jersey area. The event was held at the Renaissance Woodbridge hotel in Woodbridge, NJ on Wednesday October 30, 2013.The first meeting was held on May 8, 2012. The events were specifically intended for the convenience of Chapter Members in the Central New Jersey area. The hotel is conveniently located on Route 1 just off the Garden State Parkway. The Chapter has also scheduled a Dinner Meeting on Wednesday January 29, 2014 also to be held at the Renaissance Woodbridge hotel.
Featured dinner speaker Salvatore Zerilli CPA, from the Mercadien Group presented Regulatory Changes.
Attendees earn CPE credits while getting the latest advice regarding regulatory compliance.

Salvatore Zerilli, CPA from the Mercadien Group was the featured dinner speaker. Members relaxed at a lavish cocktail hour before sitting down to enjoy a well prepared full course dinner.

Mr. Zerilli presented a timely and informative session that centered on the key regulatory changes that will challenge financial executives with particular attention to those affecting community banks. Salvatore discussed the significant revisions to Regulation E that will require additional disclosure regarding electronic funds transfers initiated by bank customers.

He stressed that the new requirements become effective October 28, 2013 and presented the key elements that financial executives should consider to maintain compliance. Salvatore also discussed other changes in several other significant regulatory areas regarding loan impairment, qualified mortgage lending, and “good faith” repayment guidelines to protect an institution from potential loan loss allowances.

Salvatore concluded by recommending the roles and responsibilities that institutions should establish for successful regulatory compliance. He then provided several strategic answers to questions from the Members in attendance.

Topics and Speakers

Model Risk Management

Salvatore Zerilli photo
Salvatore Zerilli CPA
Managing Director
The Mercadien Group
609 689-2344

Attendees listen to the presentation from Slvatore Zerilli, CPA at the Central Jersey Dinner Meeting.
Members enjoy dessert and coffee while learning techniques to achieve qualified mortgage lending compliance.