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CFPB Approves Application for Alternative Construction Disclosures
By Amy Kudlacek
| Nov 30, 2023
The CFPB recently announced it has approved an application from the Independent Community Bankers...
Section 1033 Proposal Issued
By Amy Kudlacek
| Oct 30, 2023
The CFPB has issued a proposal to implement Section 1033 of the Consumer Financial Protection Act...
CFPB Junk Fee Initiative
By Amy Kudlacek
| Oct 18, 2023
We talked about it before…the CFPB does not like what they consider to be “junk fees.” In fact, the...
FinCEN Alert on “Pig Butchering” Investment Scam
By Amy Kudlacek
| Sep 27, 2023
FinCEN recently issued FIN-2023-Alert005 to alert financial institutions about a virtual currency...
Elder Financial Abuse Schemes
By Amy Kudlacek
| Aug 18, 2023
The Department of Justice estimates that each year 1 in 10 Americans over the age of 65 will...
BSA/AML Manual Updates
By Amy Kudlacek
| Aug 11, 2023
On August 2, 2023, the FFIEC released updates to its Bank Secrecy Act/Anti-Money Laundering...
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...
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...
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,...