Banker's Compliance Consulting Blog

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...

SAR FAQs: Continuing Activity Review

As we previously mentioned, FinCEN along with the FDIC, Federal Reserve, NCUA, and OCC, provided...

Alerts, Orders, and Notices…Oh My!

Regulatory agencies put out a lot of information. There are regulations, guidance, FAQs, alerts,...

Pulling Credit Reports

It’s not uncommon for us to find violations related to pulling credit reports. First and foremost,...

AML/CFT Update – 2025 & Beyond

If you missed our Virtual BSA/AML/CFT Conference last week, our first session, “AML/CFT Update -...

Digital Mortgage Comparison-Shopping Platforms

Back in February 2023, the CFPB issued an Advisory Opinion regarding digital mortgage...