Banker's Compliance Consulting Blog

FCRA/FACT Act Red Flags

Financial institutions are required to have a written identity theft prevention program that is...

Elder Abuse Scams

Back in June 2022, FinCEN issued an Advisory (FIN-2022-A002) related to Elder Financial...

Construction Fraud

On August 15, 2023, FinCEN issued a Notice alerting financial institutions to increasing payroll...

Refinances & Modifications: Regulation B Considerations

If you have a “refinance”, as defined by Regulation Z (Truth in Lending) in 12 CFR 1026.20(a), you...

Drug Trafficking Red Flags

When it comes to identifying potentially suspicious and/or illegal activity such as drug...

FATF Updates

The Financial Action Task Force (FATF) recently updated its lists of jurisdictions with strategic...

BSA: Human Trafficking & Smuggling

You may have heard of a movie called “Sound of Freedom,” which topped the box office earlier this...

FREE BSA/AML Q&A

If you aren’t familiar with our FREE Compliance Q&A Forums, now is a great time to check it out!...

BSA/AML: Automated Monitoring Systems

A couple of weeks ago we blogged about manual monitoring systems for suspicious activity as part of...

Privacy: Common Misconceptions

The Privacy rule generally prohibits the sharing of a consumer’s non-public personal information....