Banker's Compliance Consulting Blog

Customer Due Diligence of Beneficial Owners

The goal of your institution’s Customer Identification Program (CIP) is just as it sounds, to...

CTR Exemptions

Our December AML/CFT Membership Group meeting was full of great information. We covered several...

BSA/AML/CFT: Update on Hemp

In case you missed it, President Trump signed a spending bill on November 12, 2025, that repealed...

Cryptocurrency: Mixer/Tumbler Services

A quick Google search will tell you that a crypto mixer service (aka a tumbler) is a service...

Artificial Intelligence Impact on BSA/AML/CFT Programs

In 2025, FinCEN put out a reminder to financial institutions to remain on alert for suspicious...

Crypto / Virtual Currency: Darknet Marketplaces

The use of crypto and/or virtual currency is often associated with criminal activity. While that is...

BSA/AML/CFT Reform

There was a lot of hoopla surrounding the AML/CFT reform proposal when it was issued back in June...

Regulation E Error Resolution Misconceptions

One very common misconception, when it comes to Regulation E error resolution is the idea that if a...

Policies, Procedures & the Board of Directors

Policies, procedures and processes are a necessary part of any compliance program. An institution’s

RESPA Section 8: What’s An “Agreement or Understanding”

Section 8 of RESPA states that …No person shall give and no person shall accept any fee, kickback...