Banker's Compliance Consulting Blog

Section 1071: Requesting & Collecting Data

The Section 1071 requirements will, in short, require institutions to collect and report certain...

Suspicious Activity Reports: Board Notification

An institution’s Board of Directors is tasked with providing management an oversight of an...

Suspicious Activity Reports & Continuing Activity

The requirement to file continuing activity SARs has been a very confusing issue which has led to...

What's a Marijuana-Related Business?

Choosing whether or not to bank marijuana-related businesses, is a decision to be made by a...

"One Click Away" Advertising Disclosures

Social media and other forms of electronic advertising are being used by financial institutions...

CFPB Issues Strategic Plan

The CFPB recently issued its Strategic Plan (Plan) through fiscal year 2030.The Plan outlined three...

HMDA: Approved But Not Accepted

Both the Equal Credit Opportunity Act (Regulation B) and the Home Mortgage Disclosure Act...

Flood Insurance: Waivers & Exemptions

Flood insurance is required anytime an institution makes, increases, renews or extends a loan...

Reforming AML/CFT Programs

In case you missed it, FinCEN recently issued a Proposed Rule to “Fundamentally Reform Financial...

Regulation E: Fraud vs. Unauthorized

Consumers are inundated with fraud these days.Whether it’s scam emails, texts, phone calls, etc.,...