Banker's Compliance Consulting Blog

FCRA & Adverse Action

When it comes to taking adverse action, the first thing that usually comes to mind are the...

Consumer Report Fraud Alerts

When it comes to fraud alerts on credit reports, financial institutions want to ensure they not...

FinCEN Regulatory Agenda

Below is a glimpse into what FinCEN is working on. Keep in mind, the dates provided are only...

Section 1071 Application Coverage Matrix

If you are just starting to dig into the Section 1071 requirements or you have been preparing for a...

CFPB Spring 2024 Regulatory Agenda

Updates to the regulatory agenda for the CFPB were recently released. Below is a glimpse into what...

Mortgage Servicing: Early Intervention Requirements

Regulation Z requires that servicers of mortgage loans that are secured by a borrower’s primary...

FinCEN’s Year in Review

FinCEN recently released its “Year in Review” for its 2023 fiscal year. Much of it focused on the...

Section 1071 Principal Owners VS. BSA/AML Beneficial Owners

Another wrinkle with the Section 1071 Rule that institutions need to be aware of involves the...

July Highlights

If you missed our July 2024 Monthly Connection, there was some great information provided on a...

FDIC Advertising Q & As

Back in December, the FDIC issued a Final Rule to amend Part 328 which addresses FDIC Official...