Banker's Compliance Consulting Blog

Currency Transaction Reports: Multiple vs. Aggregated Transactions.

There are a lot of pieces to the Bank Secrecy Act compliance puzzle. One of those pieces is the...

Understanding Customer Risk Profiles

If you have employees that are new to BSA compliance or even banking in general, the concept of a...

Auditing Your BSA/AML Program

Auditing your BSA/AML program encompasses a lot of different requirements. From currency...

What’s the Purpose of Rescission?

The Truth in Lending Act (TILA)/Regulation Z is all about getting information into a consumer’s...

BSA: Knowing Your Customer

New employees often have a huge learning curve. Not only do they need to be trained on their...

Auditing BSA/AML: Scoping the Audit

When it comes to auditing a BSA/AML program, a good place to start is by looking back at what...

Knowing Your Customer When Banking Marijuana & Hemp

Choosing to bank customers involved in the marijuana or hemp industry is not right or wrong. It is...

Marijuana-Related Businesses

As more and more states continue to legalize marijuana (whether for recreational use or medical...

What is a Qualified Mortgage (QM)?

If you look up the definition of a Qualified Mortgage (QM) in Section 1026.43(e)(2) of Regulation...

BSA for Lenders: CIP & CDD

A big component of a BSA/AML program is knowing your customers. The more you know about your...