Banker's Compliance Consulting Blog

How Much Training Is Enough?

Training is not meant to be a “one and done” task. It should be ongoing, and it can evolve and...

AML/CFT Risk: Third-Party Payment Processors

In our AML/CFT Membership Group, Kevin discussed the risks posed by third-party payment processors...

1071 Group: Applicants, Applications & the Application Process

Even though we are waiting on a new Final Rule for Section 1071, members of our 1071 Thought...

Fair Lending & CMS Intersection

The Board of Directors plays a crucial role in every financial institution. They are ultimately...

SAR Filing Reminder

Financial institutions are required to file a Suspicious Activity Report (SAR) for any suspicious...

Rulemaking Updates

We have couple of updates on the rulemaking status of a few key requirements.

FinCEN Issues Notice on Convertible Virtual Currency Kiosks

In August, FinCEN issued a Notice urging financial institutions to be on the lookout for...

Refinancing a Flood Loan

If you are going to refinance, renew or modify a loan, there are a number of different regulations...

Re-Using Credit Reports

From a compliance perspective, there isn’t anything that specifically prohibits a financial...

Trafficking: It’s In Your Back Yard

Trafficking isn’t always an easy topic to discuss but maintaining awareness is crucial for your...