Banker's Compliance Consulting Blog

Suspicious Activity: When to Escalate

Financial institution employees need to be on the lookout for anything that seems unusual or...

Regulation Z: Payment Processing

Deciphering the specific requirements for crediting consumer loan payments as required by ...

Privacy Notice Formatting

Institutions are required to provide a Privacy Notice to consumers when a new, ongoing customer...

Completing CTRs: Part IV Filing Institution Contact Information

When filling out a Currency Transaction Report (CTR), you would think that completing your...

Ongoing Monitoring for Suspicious Activity

Suspicious activity monitoring is a never-ending process and something that you will always be on...

Role of the SAR Narrative

Part V (Suspicious Activity Information – Narrative) of the Suspicious Activity Report (SAR) is the...

Completing CTRs: Part III Transaction Location

Currency Transaction Reports (CTRs) can be a challenge as there are specific ways certain sections...

Customer Due Diligence Triggers

Financial institutions are required to implement risk-based Customer Due Diligence (CDD) procedures...

What’s the Purpose of the Privacy Rule?

Regulation P, otherwise known as the Privacy of Consumer Financial Information Rule, came about as...

Marijuana-Related Businesses: Banking

As you know, many states have legalized marijuana in some form or another. Depending on the state,...