Banker's Compliance Consulting Blog

CTRs & Night Deposits

Financial institutions often receive large cash deposits via the night drop, especially from their...

FinCEN Advisory on Iran

In case you missed it, FinCEN issued an Advisory regarding Iran’s illicit oil smuggling activities,...

Regulation B Appraisal Requirements & Business Purpose Loans

There’s a misconception out there among some lenders that the Regulation B appraisal requirements...

Truth in Savings Disclosures for Overdrafts

The Truth is Savings Act (Regulation DD) has several disclosure requirements related to overdrafts.

Obtaining Customer TINs

On June 27th, FinCEN issued an Order that provides banks with greater flexibility when it comes to...

BSA/AML/CFT: Drug Trafficking

When we talk about “trafficking” from a BSA/AML/CFT perspective, it can include a wide variety of...

TISA: Change in Terms

When someone opens a new deposit account, the Truth in Savings Act (Regulation DD) requires that...

Section 1071 Delay Insights

As we reported back in June, the CFPB published an Interim Final Rule that officially delayed the...

Suspicious Activity: When to Escalate

Financial institution employees need to be on the lookout for anything that seems unusual or...

TISA & Fraud

During our Monthly Connection, we received a question about closing a customer’s account due to...