Banker's Compliance Consulting Blog

CDD: When to Review a Customer Relationship

A key component of any BSA Program is customer due diligence.Essentially, institutions need to have...

Annual Escrow Account Statements

RESPA requires, in in §1024.17(i), that …for each escrow account, a servicer shall submit an annual...

Commercial Lenders: Regulation B Appraisal Requirements

It’s no secret that there are far less regulatory disclosure requirements for commercial loans.This...

HMDA & Vacation Rentals

We received so many great questions for our FREE Lending Compliance Q & A Forum on January 22nd.We...

AML/CFT Risk: Politically Exposed Persons

There are a lot of different risks that can ultimately impact your BSA Program.The FFIEC’s BSA/AML...

FDIC Advertising Final Rule Update

The FDIC recently issued a Final Rule to amend the signage requirements for digital deposit-taking...

HMDA Dwelling: Assisted Living vs. Nursing Homes

In order for an application to be HMDA-reportable, it mustbe secured by a dwelling.HMDA defines...

HMDA Email Service Discontinued

In case you missed it, the CFPB sent out a “Notice of HMDA Email Service Discontinuation”....

AML/CFT National Priorities

As you may recall, clear back in 2020 there was a push for anti-money laundering (AML) reform which...

CIP, CDD, ECDD, CDDBO…What Do They All Mean?

When we talk BSA/AML/CFT compliance, there are a lot of acronyms that get tossed around.CIP, CDD,...