The AFSA Law and Compliance Symposium is designed to provide helpful insights and answer questions about federal and state compliance for the financial services industry. It will address problems faced by large public companies, as well as small privately-owned financial institutions. The symposium will focus on compliance for: direct and indirect auto finance, traditional installment loans, payment cards, and mortgage loans/servicing.

The conference is designed for company representatives who have compliance responsibilities – whether they are in management, operations, legal, government affairs, or compliance departments. In conjunction with the AFSA Law and Compliance Symposium, the following AFSA committees will meet: Law Committee, Operations and Regulatory Compliance Committee (ORCC) and the State Government Affairs Committee (SGA). State and federal regulators who oversee these industries are invited to participate and will be included in all programming except member-only committee meetings and designated member-only roundtables.




Preliminary, subject to change, click here to print.

8:00 a.m.—12:15 p.m.
Law Committee
(Law Committee Members Only, breakfast served at 7:30 a.m.)
9:00 a.m.—12:00 p.m.
Operations and Regulatory Compliance Committee
(AFSA Members Only, breakfast served at 8:30 a.m.)
12:00 p.m.—2:00 p.m.
Opening General Session and Luncheon: Federal, State and CFPB Update

Learn what’s happening in consumer finance at the federal and state levels and what AFSA’s doing. What’s happening at the CFPB under its new leadership? How is AFSA responding to state developments in data protection, licensing requirements, and more? What legislation may pass a Republican Senate and Democratic House?

AFSA Welcome: Bill Himpler, President-Elect, AFSA

Federal & State Panel Discussion:
Danielle Fagre Arlowe, Senior Vice President, AFSA
Celia Winslow, Vice President, Legal & Regulatory Affairs

CFPB Update: John McNamara, Assistant Director of Consumer Lending, Reporting, and Collections Markets, CFPB

2:15 p.m.—3:45 p.m.
Law Roundtables

Roundtable topics include: federal regulatory developments, state-specific challenges, and key court cases.

2:15 p.m.—3:15 p.m.
Operations and Regulatory Compliance Committee Roundtables/Breakouts
(AFSA Members Only)

Roundtable topics include: credit reporting, cybersecurity, debt collection

3:30 p.m.—4:30 p.m.
General Session: Tabletop Exercise: How to Respond to a Data Breach

Peter Cockrell, Associate McGlinchey, Stafford
This tabletop exercise uses a hypothetical breach as an example for how to respond by preparing for a breach, identifying and containing the breach, notifying affected customers, and meeting other legal obligations.

4:00 p.m.—5:00 p.m.
Law Committee
6:00 p.m.—7:30 p.m.
7:00 p.m.
Law Committee Dinner
8:00 a.m.—9:00 a.m.
Law Committee Working Breakfast
8:30 a.m.—9:00 a.m.
9:00 a.m.—10:30 a.m.
General Session: Point Counter Point-Industry and Consumer Groups/Affordable Small Dollar Credit/VPP's and MLA

We bring the consumer group perspective to the front and center. Representatives from industry and consumer groups will talk about what they see as issues and opportunities in the financial services industry.

Moderator: Frank Salinger, Frank Salinger Law Practice

Panel I: Affordable Small-Dollar Credit
Tom Miller, Professor of Finance and Jack R. Lee, Chair of Financial Institutions and Consumer Finance, Mississippi State University
Alex Horowitz, Pew Research Center

Panel II: Financing Voluntary Protection Products, also referred to as “Add-on Products”
Paul Metrey, Vice President, Regulatory Affairs, National Automobile Dealers Association
Bill Himpler, President-Elect, AFSA

10:30 a.m.—11:00 a.m.
11:00 a.m.—12:00 p.m.
Breakout Session I: Financial Services Litigation Trends:

Learn what the courts are doing and how that might change your compliance program. What suits are plaintiffs’ attorneys bringing? What’s the latest in debt collection litigation? What about the Telephone Consumer Protection Act?

John Rossman, Attorney at Law, Moss and Barnett
Alison LaBruyere, Of Counsel, Squire Patton Boggs
Ethan G. Ostroff, Partner, Troutman Sanders

Breakout Session II: Sales and Use Tax Compliance after South Dakota v. Wayfair

Discussion on the impacts of South Dakota v. Wayfair on collection and remittance of sales and use tax in inter-state transactions, focusing on impacts to finance companies. We will cover potential retroactive effects, use tax accruals on services consumed by finance companies, and exemption certificate processes.

Peter Larsen, Chair, Tax Practice Group, Akerman LLP
David Rosen, Associate State and Local Tax Consulting, Akerman LLP

12:00 p.m.—1:00 p.m.
Networking Lunch
1:15 p.m.—2:15 p.m.
Breakout Session III: CFPB Enforcement 

There’s a new director at the CFPB – what does that mean for enforcement actions? Is it business as usual? What’s changed? Learn from experts who have been involved with a number of CFPB enforcement actions. Hear how some have challenged the Bureau and won.
Moderator: Michele Lieber, President, BluePoint DC

Eric Mogilnicki, Partner, Covington
Scott Weltman, Managing Shareholder, Weltman, Weinberg & Reis Co.

Breakout Session IV: Issues in 1099 Compliance

We will discuss the legal requirements for issuance of forms 1099-A and 1099-C, as well as IRS inquiries relating to those forms, credit bureau inquiries, and internal practices to support compliance. As these tax obligations are triggered by sale of collateral for secured loans and cancellation of debt, this session will have broad applicability.

Peter Larsen, Chair, Tax Practice Group, Akerman LLP
David Rosen, Associate State and Local Tax Consulting, Akerman LLP

2:30 p.m.—3:30 p.m.
General Session: Privacy & Data Protection:Current Framework and Upcoming Challenges

Businesses are gathering an unprecedented amount of data. Consumers seem to be increasingly uncomfortable with it. The government wants to regulate it. What should businesses be doing?

Philip Bohi, Vice President, Compliance Education, AFSA
Norma Krayem, Senior Policy Advisory, Chair, Global Cybersecurity & Privacy Policy and Regulatory Team, Holland & Knight LLP

3:45 p.m.—5:00 p.m.

Law & Compliance Speedsmarts

Join your colleagues, attorneys, and industry compliance experts at roundtables for open discussion and exchange on topics such as: vendor management, licensing, exams, fintech, state regulators, and debt collection. Please check print schedule above or AFSA Events App for full list of speakers and panels.

6:00 p.m.–7:15 p.m.
Networking Reception
8:00 a.m.—10:00 a.m.
SGA Committee
9:00 a.m.—9:30 a.m.
Symposium Breakfast
9:30 a.m.—10:00 a.m.
Fair Lending: Where Are We Now?

Although the CFPB's guidance was repealed by Congress, fair lending is still an important issue. Get an update on government supervision and regulation, as well as key developments in litigation.

Paul F. Hancock Partner, K&L Gates LLP
Olivia Kelman Associate, K&L Gates LLP

10:00 a.m.—10:45 a.m.
General Session: Perspectives from the C- Suite

Each company’s commitment to compliance begins at the top, squarely with upper management. Join a panel of executives as they discuss the role of compliance and its evolving stature in their companies.

Bill Himpler, President-Elect, AFSA

Andrew Morrison, Executive Vice President, Brundage Management/Sun Loan Company
Michelle Fox, Assistant General Counsel, VW Credit, Inc.
Duane Freeman, Senior Vice President, National Sales Executive, Bank of America, Dealer Financial Services

10:45 a.m.—11:45 a.m.
General Session: Mini-CFPBs: Consumer Protection at the State Level

Several states are working to fill what they see as a void left by a more restrained CFPB. Learn what these states are doing to regulate and monitor the industry.

Anne Balcer, Commissioner, Maryland Financial Consumer Protection Commission
John Abel, Assistant Director, Bureau of Consumer Protection, Pennsylvania Office of the Attorney General

12:00 p.m.—1:30 p.m.
General Session and Lunch: Stephen Moore, Heritage Foundation

Mr. Moore will present the state of the economy and what we can expect with the new congress regarding tax reform, health care and other issues influencing the economy and credit markets.