Banker's Compliance Consulting Blog

BSA/AML/CFT Programs & Customer Due Diligence

Financial institutions are required to develop and implement Customer Due Diligence (CDD) policies...

BSA/AML/CFT and OFAC

BSA/AML/CFT compliance is everyone’s job. From the tellers to the President, everyone has some...

BSA/AML/CFT: How Your Risk Assessment Drives Your Program

For employees new to banking, the idea of BSA/AML/CFT and the need to have a robust program devoted...

Customer Due Diligence & Risk Profiles

Customer Due Diligence (CDD) is an essential piece of your overall BSA/AML/CFT Program. When we...

CIP: A Two-Part Process

The Customer Identification Program (CIP) requirements have been in effect for over 20 years now...

New Employees: Knowing Your Customer

For someone new to banking, the concept of “knowing your customer” can seem a little foreign and...

Banking Marijuana-Related Businesses

It’s been several years since the first states in the nation started legalizing both medical and...

Flood Insurance: The Why

If you are new to lending, you will learn (or maybe you already know) there are times when you must...

Rescission & Multiple Consumers

For the right of rescission to apply to a consumer:

Recent Alerts & Advisories

While other agencies have seemed to slow down a bit, FinCEN has not. On March 31st, it issued an...