Banker's Compliance Consulting Blog

BSA/AML/CFT Reform

There was a lot of hoopla surrounding the AML/CFT reform proposal when it was issued back in June...

Withdrawn Applications

While we were patiently waiting for a new Section 1071 proposal, members of our 1071 Thought...

Regulation E Error Resolution Misconceptions

One very common misconception, when it comes to Regulation E error resolution is the idea that if a...

UDAAP: The Struggle

Most institutions know that they need to be on the lookout for unfair, deceptive or abusive acts or...

FinCEN Alert on Cross-Border Funds Transfers Involving Illegal Aliens

FinCEN has issued Alert FIN-2025-Alert003, urging money service businesses to maintain vigilance ...

BSA/AML/CFT Compliance: It’s Everyone’s Job

During our November AML/CFT Membership Group meeting, Emily discussed the important role that your...

Compliance Officers & the Regulatory Crush

Compliance officers know all too well that keeping up in the regulatory world can be a huge...

Policies, Procedures & the Board of Directors

Policies, procedures and processes are a necessary part of any compliance program. An institution’s

RESPA Section 8: What’s An “Agreement or Understanding”

Section 8 of RESPA states that …No person shall give and no person shall accept any fee, kickback...

HMDA Risk Mitigation

We say it all the time…HMDA is one of the most complicated and challenging compliance regulations....