Banker's Compliance Consulting Blog

Quality Control Standards for Automated Valuation Models

The OCC, Federal Reserve, FDIC, NCUA, CFPB, and Federal Housing Finance Agency have issued a...

Currency Transaction Reports: The Why

Do you have burning questions related to BSA/AML compliance? Struggling with Beneficial Owners,...

CFPB Addresses Reopening Previously Closed Deposit Accounts

The CFPB recently issued Circular 2023-02 to address a potentially unfair practice of reopening...

Section 1071 Misconceptions & Takeaways

It’s been about a month and a half since the Section 1071 Final Rule was issued and we are...

Sanctions Evasion

You may have noticed that FinCEN has been incredibly busy pushing out new guidance in the last year...

Putting EFT (Regulation E) Errors In Writing?

One reason the EFT dispute and resolution process can be so confusing is, that while you must meet...

FinCEN Provides Beneficial Owner Resources for Reporters

As promised, FinCEN has released a number of resources aimed at helping businesses understand their...

CFPB Issues Final Rule to Update Contact Information

On March 17th, the CFPB issued a Final Rule to update contact information for several different...

FinCEN issues an Alert on Increasing Mail Theft

FinCEN recently issued an Alert in light of what it’s seeing as a …a nationwide surge in check...

CFPB Issues Advisory Opinion on RESPA Section 8

The CFPB recently issued an Advisory Opinion that focuses on how RESPA’s Section 8 prohibitions...