Banker's Compliance Consulting Blog

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...

Rate Set Date

There are several regulatory requirements and even definitions that are dependent upon a rate...

Elder Financial Exploitation

Elder abuse, which includes elder financial exploitation (EFE) and other forms of abuse, affects at...

BSA for Lenders: Risk Assessment

One of the key components of a BSA/AML program is the risk assessment. Every financial institution...

District Court Finds Corporate Transparency Act to be Unconstitutional

If you subscribe to our magazine,Banking on BCC, we’ve written a lot about the Anti-Money...