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! These Forums are presented four times a year. We devote one to Lending, one to Deposit Operations, one to BSA/AML and the final one takes a look at what has transpired in the compliance world over the past year as well as what we expect to see in the coming year.

Sample -  In the video, Kevin explains FinCEN’s “rebranding” of the 314(b) requirements.

Video Highlights:

• FinCEN encourages financial institutions to take advantage of the 314(b) rule and share information.
• The anti-money laundering reform initiative encourages such sharing to help track dirty money through the system.
• FinCEN assures that financial institutions will not be penalized for trying to do a good deed by taking part in sharing information under 314(b).

Published
2023/07/11