What's a UDAAP?

Created by: HSI - Health & Safety Institute Top Author
1,752 views Prime
Last Updated 10/2022
English
30-Day Money Back Guarantee
Full Lifetime Access
Finish in
7 min! Run Time
Made for for
Employees
only
No Certificate
Provided
Mobile -
Friendly
Access

What you'll learn

Define unfair, deceptive and abusive acts or practices
Explain how the Dodd-Frank Act made UDAAP conduct unlawful
Recognise UDAAP exposure in routine financial products and communications

Amendment 42-24 Authorized for use 1 January 2025 / Mandatory 1 January 2026

Description

After the 2008 financial crisis, the Dodd-Frank Act made it unlawful for financial providers to engage in unfair, deceptive, or abusive acts or practices, known as UDAAPs. This course explains them.

What this course covers:

  • What a UDAAP is under the Dodd-Frank Act
  • How UDAAPs affect consumers
  • How UDAAPs affect the financial industry
  • Real examples of UDAAPs
  • How the law is enforced

Ideal for compliance and frontline financial staff who need to recognize and avoid UDAAPs.

System Requirements

See System Requirements in the Coggno Knowledge Base

Reviews (1)

JOHN PATE

JOHN PATE

"Good overview. Disappointed there was no certification or proof of participation which is critical when working with credit bureaus. That said, your customer support group was very helpful, albeit unsuccessful (so far) in trying to resolve our problem."

5
about 3 years

Frequently Asked Questions

This course is designed for employees who need to complete What's a UDAAP? training

Yes. This course is designed to meet applicable federal requirements and commonly mandated state standards. Always confirm specific state or industry requirements with your local regulations.

The course takes approximately 7 minutes to complete and can be paused and resumed at any time.

No. This course does not include a certificate of completion.

Yes. You can assign this course to individuals or groups using Coggno’s LMS, or purchase multiple seats for your team.

Yes. This course can be exported for delivery in most learning management systems (SCORM compatible).

Yes. The course is fully self-paced and available 24/7.

Yes. This course includes a knowledge check to reinforce learning and verify completion.

Learners have lifetime access from the date of purchase.

Yes. A preview is available so you can review the course format and content before purchasing.

Yes. Content is reviewed and updated as regulations and best practices change.

Yes. This course is available for free with an active Prime Subscription.

Yes. Refund requests can be submitted within 30 days of purchase.