Most Popular Compliance Content
Retention for Hold Notice/Funds Availability Form
07/11/2021
Can anyone tell me what the retention period is for hold notices/funds availability forms? I have checked with our state bank department and this form was not specifically addressed. If it is not uniformly required, how long do other banks keep these Reg CC notices, and what about cash advance receipts (Visa)?
Risks of Tellers Selling Money Back and Forth
07/04/2021
What are the risks of tellers selling money back and forth instead of buying and selling to the vault? (Example.... teller 1 needs $2,000 in $100 bills and teller 2 has an extra $,2000 in their drawer. So teller 1 buys from teller 2 instead of buying from the vault.)
Currency Transaction Report Filed by Mistake
07/04/2021
Can you tell me where to find guidance on, or when to actually do, when a Currency Transaction Report was filed by mistake?
Risk Assessment Prep
07/04/2021
Should our risk assessment include products and services we don’t offer?
Reg E and Negligence
07/04/2021
Our customer was dumb and knew it so we split the loss on the claim rather than denied it altogether. We deserve points for that!