Medallion & Signature Guarantee Risks, Rules & Best Practices
- Unlimited and shareable access
two business days after live streaming
- Available on desktop, mobile & tablet devices 24/7
- Take-away toolkit
- Ability to download webinar video
- Presenter's contact info for questions
Is the signature genuine?
Is the signer the appropriate party? Does the signer have legal capacity? What are the parameters of the Medallion program? Attend this webinar to learn the answers to these questions and more, including how to mitigate risk of loss.
- Distinguish among the various types of signature guarantees
- Explain the STAMP Medallion Program and its requirements
- Identify situations when Medallion or signature guarantees are used
- Analyze the potential liability to your institution and how to reduce that risk
- Determine the proper questions to ask to mitigate risk
Signature guarantees are not new, but the financial losses and administrative problems associated with them are increasing because many institutions do not understand the responsibilities and liabilities assumed when guaranteeing a signature or using a Medallion stamp. It is imperative that all financial institutions that issue or accept signature guarantees have effective internal controls to mitigate the associated losses and problems. Do you know the differences between the various signature guarantees, including the STAMP Medallion Program? Join us to learn the situations in which each type of signature guarantee is required, including analysis of the related risks and liabilities. NOTE: This seminar is not sponsored by or affiliated with the STAMP Medallion Program.
WHO SHOULD ATTEND?
This informative session is designed for any staff member that issues or accepts signature guarantees or participates in the STAMP Medallion Program.
- Checklist of questions to ask before guaranteeing a signature or using a Medallion stamp
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits