10/24/2011
Does a check cashing MSB have to check names against the OFAC list? The MSB does no other MSB activities but check cashing. I have called FinCen numerous times and they have not returned my call. Someone at OFAC referred me to Title 31 which also did not address or answer my question.
01/10/2011
We had a customer come in and make a deposit over 10K to a custodial account on which she is not a signer. Whose information do we place in Section A of the CTR: the custodian's or the minor's?
05/18/2009
How to Implement Risk-Based OFAC Monitoring Practices
Five steps to risk assessment; ten practices for monitoring
by Timothy R. White, CAMS
11/19/2007
Is there any published reading on banking foreign corporations and how to become familiar with ones such as Mexican, Venezuelan, Bahamian, etc? We want to continue to bank foreign corporations, but want to ensure we are doing what's required by OFAC and Fincen.
10/22/2007
Is there an OCC, FDIC, FinCEN or FFIEC regulation surrounding returned customer mail such as statements and bank correspondence which a bank needs to adhere to?
06/18/2007
Are we allowed to have picture IDs of customers in the loan files?
01/15/2007
Where I can find a good summary of all the regulations which retail banks are required to comply with and the cost related to compliance?
11/06/2006
At one time we were not to copy drivers license and put them into the credit file. I understand a recent interagency agreement has changed that procedure. Do you have any knowledge of the change?
10/02/2006
Should the BSA Officer report directly to the board of directors?
04/24/2006
Does the Bank Secrecy Officer have to be a senior level officer at the bank? What section of the regulation covers this?