Banker's Compliance Consulting Blog

AML/CFT Risk: Politically Exposed Persons

There are a lot of different risks that can ultimately impact your BSA Program.The FFIEC’s BSA/AML...

FDIC Advertising Final Rule Update

The FDIC recently issued a Final Rule to amend the signage requirements for digital deposit-taking...

HMDA Dwelling: Assisted Living vs. Nursing Homes

In order for an application to be HMDA-reportable, it mustbe secured by a dwelling.HMDA defines...

HMDA Email Service Discontinued

In case you missed it, the CFPB sent out a “Notice of HMDA Email Service Discontinuation”....

AML/CFT National Priorities

As you may recall, clear back in 2020 there was a push for anti-money laundering (AML) reform which...

CIP, CDD, ECDD, CDDBO…What Do They All Mean?

When we talk BSA/AML/CFT compliance, there are a lot of acronyms that get tossed around.CIP, CDD,...

Regulation CC: Check 21 Error Resolution

When we talk about resolving errors, most of us immediately think about Regulation E (electronic...

Regulation B & Noncitizen Borrowers

The CFPB and Department of Justice recently withdrew a Joint Statement issued back in October 2023...

Risk Assessments: Identifying and Mitigating Risk

Risk assessments are an important tool, not only identifying the risks your institution faces but...

Escrow Account Computation Year

One of the foundational concepts when it comes to administering escrow accounts is the “escrow...