Banker's Compliance Consulting Blog

Do the beneficial owner requirements apply to accounts for organizations or associations?

Suspicious Activity Reports: Who’s the Suspect?

It’s not an uncommon situation to discover a customer that has cashed a fraudulent check. For...

Deposit Operations Hot Spots

Lending regulations seem to be changing all the time and can often dominate your compliance...

CTRs: Multiple vs. Aggregated Transactions

We are often asked what the difference is between “multiple” and “aggregated” transactions when...

CFPB Proposes to Increase the HELOC Volume Threshold for HMDA

As I’m sure you are well aware, under the new HMDA rules, a bank (that meets the asset threshold...

Friends

In June, I had the privilege of attending the American Bankers Association’s Regulatory Compliance...

Address Change for CMIR Filing

The Financial Crimes Enforcement Network (FinCEN) is notifying filers the mailing address for...

New Mortgage Servicing Rules Effective October 2017 & April 2018

In October last year, the CFPB finalized amendments to the 2013 mortgage rules under the Real...

Beneficial Owners: Not Just Deposit Accounts

You are probably well aware by now that the new Customer Due Diligence/Beneficial Owner rules...

CTR Completion Errors – RSSD ID

One of the common errors we continue to see on Currency Transaction Reports (CTRs) is with the RSSD...