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Monitoring vs. Auditing
By David Dickinson
| Jun 30, 2023
There are many components to an effective Compliance Management System (CMS). These include risk...
Privacy: Common Misconceptions
By Kevin Edwards
| Jun 30, 2023
The Privacy rule generally prohibits the sharing of a consumer’s non-public personal information....
CTRs: General Instructions
By Kevin Edwards
| Jun 30, 2023
Currency Transaction Reports (CTRs) play a crucial role in preventing financial crime, and banks...
Fair Lending: What is Redlining?
By Jerod Moyer
| Jun 30, 2023
If you’ve ever been in discussions or training regarding fair lending, you may have heard the term...
Russian Evasion Attempts Continue
By Amy Kudlacek
| Jun 23, 2023
In case you missed it, FinCEN issued an updated alert regarding continued vigilance for Russian...
Overdrafts & Discrimination
By Jerod Moyer
| Jun 23, 2023
Overdrafts are often thought of as a deposit compliance issue, but the fact is they are considered...
Quality Control Standards for Automated Valuation Models
By Amy Kudlacek
| Jun 22, 2023
The OCC, Federal Reserve, FDIC, NCUA, CFPB, and Federal Housing Finance Agency have issued a...
Regulation B: Providing a Copy of an Appraisal
By Jerod Moyer
| Jun 16, 2023
The Regulation B appraisal requirements apply to any loan application (business or consumer...
BSA/AML: Manual Monitoring Systems
By Kevin Edwards
| Jun 16, 2023
When it comes to monitoring for suspicious activity as part of your BSA/AML program, your...
HMDA & Business-Purpose Home Equity
By David Dickinson
| Jun 16, 2023
A HMDA reportable loan is one that is dwelling secured and is made for the purpose of purchasing a...
Privacy: Annual Notice Requirements
By Kevin Edwards
| Jun 13, 2023
The Privacy rules have been around for twenty-plus years or so, and for a good part of that time,...
Currency Transaction Reports: The Why
By Amy Kudlacek
| Jun 13, 2023
Do you have burning questions related to BSA/AML compliance? Struggling with Beneficial Owners,...
Rescission Notice Signatures
By Jerod Moyer
| Jun 12, 2023
Did you know that Regulation Z doesn’t technically require the Right of Rescission notice to be...
Currency Transaction Reports: The Why
By Kevin Edwards
| Jun 02, 2023
Bank Secrecy Act requirements are crucial when it comes to detecting and preventing financial...
CFPB Addresses Reopening Previously Closed Deposit Accounts
By Amy Kudlacek
| Jun 02, 2023
The CFPB recently issued Circular 2023-02 to address a potentially unfair practice of reopening...