1071 Final Rule

On May 1st, a Final Rule amending Regulation B was issued to implement the Section 1071 requirements. The rule brings a number of changes from the previous Final Rule and the later re-proposal, including a mandatory compliance date of January 1, 2028, for all covered institutions. Which means the clock is ticking…

If you’ve not had time to fully review the Section 1071 Final Rule, determine whether you qualify as a covered financial institution, or build your Section 1071 Compliance Plan, we’re here to help!

Jerod explains more in the video.

1071 Membership Group

Published 2026/05/26
Jerod Moyer

Jerod Moyer

Jerod is the leader of Banker’s Compliance Consulting’s training productions. He is a nationally recognized speaker. Whether it’s a conference, seminar, school, webinar or luncheon, it’s easy to stay engaged when he presents due to the amount of passion and energy he brings to each and every compliance topic. Jerod has spoken on behalf of the American Bankers’ Association, BankersOnline, many state banking associations, private compliance groups and financial institutions. He is a Certified Regulatory Compliance Manager (CRCM) and BankersOnline Guru. Jerod likes to spend his time (between reading regulations and producing compliance training!) relaxing at the lake with his wife and three children, following their activities or engaged in something sports-related!

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