Banker's Compliance Consulting Blog

BSA: New Employees & Suspicious Activity

New employees of a financial institution have a huge learning curve. Not only do they need to...

BSA Risk Assessment

A BSA/AML Risk Assessment is a crucial component of your overall BSA/AML Program. Your Risk...

BSA/AML: Customer Risk Profiles

Developing a customer’s risk profile is essential to a sound BSA/AML program. Banks should have...

BSA/AML: Beneficial Owners

The purpose of BSA/AML requirements may be a difficult concept to grasp for new employees,...

Flood Insurance: Determining Insurable Value

When determining the amount of flood insurance necessary for a building located in a Special Flood...

RESPA’s Section 8 Prohibitions

A recent Advisory Opinion related to RESPA’s Section 8 prohibitions was released by the CFPB in...

BSA & Monitoring

Monitoring is a key component of your BSA/AML program. It is imperative that you have systems in...

Beneficial Owners for Lenders

The Beneficial Owner requirements apply to legal entity customers who open an account that could be...

What is Private Flood Insurance?

As of July 1st, 2019, financial institutions must accept a private flood insurance policy if a...

BSA for Operations: CTRs

BSA compliance is the responsibility of everyone in your institution. On the operations side, you...