Banker's Compliance Consulting Blog

Using Your Risk Assessment to Optimize Monitoring

A risk assessment is a key component of your overall BSA/AML/CFT program.It should not be a guess...

Completing a SAR Narrative

A Suspicious Activity Report (SAR) requires financial institutions to provide a lot of detailed...

2026 Deposit Forum

If you missed our FREE Deposit Compliance Q & A Forum on April 28th, it’s available now OnDemand...

Are You Subject to 1071?

A Final Rule amending Regulation B to implement the Section 1071 requirements was issued on May 1,...

Auditing BSA/AML/CFT: Scoping a Review

The FFIEC’s BSA/AML Examination Manual outlines the processes that examiners should take when...

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 …