Banker's Compliance Consulting Blog

BSA/AML/CFT Program Pillars

An institution’s BSA/AML/CFT program must incorporate several key components or “pillars”.These are...

Bridge Loans & HMDA

One of the more confusing aspects of HMDA has to do with bridge loans.While the regulation...

Understanding the “Why” of Regulation B

The purpose of the Equal Credit Opportunity Act (Regulation B) is just as it sounds…equal credit...

Regulation B: What is Adverse Action?

Regulation B defines the term “adverse action” in §1002.2(c), which states it’s:

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 …

Regulation B Final Rule Addresses Disparate Impact

The CFPB’s Final Rule amending Regulation B related to disparate impact will do the following:

Section 1071: Requesting & Collecting Data

The Section 1071 requirements will, in short, require institutions to collect and report certain...

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...