Most Popular Compliance Content
Regs on Holding Statements
04/24/2022
What is the regulation and where do I find this, on holding bank statements for customers, or is it a bank policy issue?
First Steps for Fair Banking
04/24/2022
Where does a fair banking program start?
SAR filing when activity has ceased.
04/24/2022
We’ve been filing continuing SARs on a business for money laundering. The business has closed, and the activity no longer continued. Must we notify FinCEN that the activity ceased?
Critical versus non-critical fields
04/17/2022
Must non-critical fields be completed on a SAR?
Fees Disclosed in Free Accounts
04/17/2022
I am reviewing a deposit ad for branch flyers. The Free Banking Service package includes an array of free services including free money orders, official checks, and stop payments. Should there be a disclosure as to how many and how often the customer can receive this benefit or does the statement to contact an employee for more information cover this?