Banker's Compliance Consulting Blog

The Importance of BSA/AML/CFT Training

One of the pillars of a BSA Program is training.The FFIEC’s BSA/AML Examination Manual states that …

Suspicious Activity Reports: Board Notification

An institution’s Board of Directors is tasked with providing management an oversight of an...

Suspicious Activity Reports & Continuing Activity

The requirement to file continuing activity SARs has been a very confusing issue which has led to...

What's a Marijuana-Related Business?

Choosing whether or not to bank marijuana-related businesses, is a decision to be made by a...

Flood Insurance: Waivers & Exemptions

Flood insurance is required anytime an institution makes, increases, renews or extends a loan...

Right of Rescission & Bridge Loans

A “residential mortgage transaction” is defined in §1026.2(a)(24) as …a transaction in which a...

FinCEN Advisory on Healthcare Fraud Schemes

On March 30th, FinCEN released an Advisory (FIN-2026-A001) urging …financial institutions to be...

Hemp No Longer Hemp

On November 12, 2025, President Trump signed the “Continuing Appropriations, Agriculture,...

Elder Financial Exploitation: Why are Older Adults Targeted?

Elder Financial Exploitation (EFE) is a horrible crime where an older adult’s vulnerabilities,...

Canceling Escrow Accounts on HPMLs

§1026.35(b) generally requires that any first-lien Higher-Priced Mortgage Loan (HPML) must have an...