For purposes of this paragraph, "representative" means a person or entity that is either a conservator, trustee or other representative of the estate of an elder or a dependent adult or an attorney-in-fact of an elder or a dependent adult who acts within the authority of the power of attorney.

D.__"Financial institution" means a credit union authorized to do business in this State or a financial institution authorized to do business in this State.

E.__"Mandated reporter of suspected financial abuse of an elder or a dependent adult" or "mandated reporter" means all officers and employees of financial institutions.

F.__"Suspected financial abuse of an elder or a dependent adult" means knowledge of or observation by a person who is required to report under subsection 2 behavior or unusual circumstances or transactions, or a pattern of behavior or unusual circumstances or transactions, that would lead an individual with like training or experience, based on the same facts, to form a reasonable belief that an elder or a dependent adult is the victim of financial abuse.

2.__Reporting required.__Any mandated reporter of suspected financial abuse of an elder or a dependent adult who has direct contact with the elder or dependent adult or who reviews or approves the elder or dependent adult's financial documents, records or transactions in connection with providing financial services with respect to the elder or dependent adult and who, within the scope of that mandated reporter's employment or professional practice, has observed or has knowledge of an incident that is directly related to the transaction or matter that is within that scope of employment or professional practice and that reasonably appears to be financial abuse or, in the case of a mandated reporter who does not have direct contact with the elder or dependent adult, who reasonably suspects that abuse based solely on the information before that mandated reporter at the time of reviewing or approving the document, record or transaction shall report the known or suspected instance of financial abuse by telephone immediately, or as soon as practicably possible, and by written report sent within 2 working