Banker's Compliance Consulting Blog

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...

BSA for Lenders: Customer Due Diligence

When it comes to BSA/AML compliance, there is a lot to understand and comply with. There’s your...

BSA for Tellers & CSRs: Currency Transaction Reports

While Tellers and Customer Service Representatives (CSR) might not be the ones that actually file a...

CDD for Marijuana-Related Businesses

When it comes to your BSA/AML program, you need to conduct customer due diligence on all of your...

Regulation CC: New Account Delays

Did you know that Regulation CC allows you to delay funds deposited into a new account? This is...

BSA/AML & Customer Risk Profiles

Tellers and Customer Service Representatives play a crucial role when it comes to developing a...

Virtual Currency Key Terms

The world of crypto and virtual currency can be a little overwhelming. There are so many things to...