OFAC: What Your Frontline Needs to Know
When it comes to BSA/AML/CFT, your frontline personnel are a key to compliance. They are the ones interacting with customers at the teller line, the new account desk, etc., which means they need an understanding and awareness of many different requirements. For instance, they need to know when a transaction or other activity seems suspicious, when to fill out a Currency Transaction Report, what due diligence questions to ask when opening a new account and more. Having a familiarity of the OFAC list and when it should be checked is also essential.
Kevin explains more in the video.
Published 2026/03/04
Kevin Edwards
Kevin brings years of experience and a unique perspective on regulatory matters to our clients. A self-proclaimed geek and accredited CRCM, Kevin is also a recovering attorney with experience as in-house counsel for a large regional bank and one of the leading national title insurance providers. For reasons unknown, Kevin decided to leave the safety and serenity of his desk job to seek fortune and glory as a wandering adventurer. Like a bank compliance version of Kwai Chang Caine, The Man with No Name or Don Quixote, he now travels the land seeking to help those in need and righting compliance wrongs, wherever he may find them. Kevin lives in Sioux Falls with his two children, who are surprisingly normal after having endured their father’s vivid imagination for their entire lives. He won’t admit to having any hobbies, because apparently “Regulations never sleep.” (While he does say this in his Batman voice, we’re pretty sure he’s joking.) From the looks of his Facebook page, he likes the outdoors and spending time with his large extended family (who seem like relatively normal people).