Banker's Compliance Consulting Blog

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...

Artificial Intelligence Action Plan

Artificial Intelligence (AI) is a hot topic these days and it comes with a lot of pros, a lot cons...

Types of Suspicious Activity

There are so many different types of suspicious activity that it can seem overwhelming, especially...

Disclosing Construction Loans for TRID

Disclosing construction loans under the TRID requirements definitely has its challenges. In some...

FDIC Updates Position on CIP Information Collection

In our July 23rd blog, we alerted you to the fact that FinCEN had issued an Order providing banks...

BSA/AML/CFT: Human Trafficking

FinCEN defines human trafficking as the act of recruiting, harboring, transporting, providing, or...

Identify Theft Red Flags

Each financial institution that offers or maintains covered accounts is required to develop and...