Garnishments, Subpoenas, Levies, and Law Enforcement Requests
About This Course
Federal law requires banks to periodically reassess their garnishment procedures. Financial institutions have a responsibility to determine where funds originated and if those funds are exempt from garnishment or levy.
Customer-facing and back-office staff frequently receive garnishments, subpoenas, summonses, and levies in connection with regulatory enforcement actions and government investigations. Depending on the nature of the inquiry, there are several questions as to how bank employees should address these requests.
This bank webinar reviews best practices for financial institutions and covers:
- The basics for understanding a garnishment, levy and subpoena
- How these items are issued and the response expectations from a financial institution
- Financial institutions’ responsibility in responding to authorities
- Identifying exempt and non-exempt funds for a garnishment
*This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
What You Will Learn
Who Should Attend
Your Instructor
Kelly Rozier has extensive banking experience; specializing is Electronic Payments and fraud.
Ms. Rozier advises both financial institutions and their service providers on payments audits, process improvement, and risk management. She provides expertise in ACH, Wire Transfer, Remote Deposit Capture (RDC), and other payment systems, including audits of third-party senders and service providers. She works closely with banking professionals, , risk managers, compliance officers, and operations teams in the context of payments compliance, process optimization, financial risk management, and regulatory education. Additionally, Kelly collaborates with the Simplify Risk–Secura membership program to deliver education and resources tailored to banks, fintech companies and credit unions
Prior to joining Stout, Kelly was responsible for the payment’s governance including treasury services and oversight for an $18 billion in assets financial institution. Kelly has a significant amount of experience working on the financial institution side and working with all the major core providers on electronic payments needs based on external fraud threats, network and regulatory requirements. Kelly also has ten years of experience working directly with the BSA/AML and fraud areas specific to electronic payments fraud and incident response.
This course is covered under team memberships.
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