Most Popular Compliance Content
UDAP vs. UDAAP
03/26/2023
Where does the CFPB’s authority come in when they determine something is “Abusive”?
Frequency of High-Risk Reviews
03/26/2023
How often do we need to review our high-risk customers?
Fraudulent Check Requirements
03/26/2023
We are a bank located in NY. We would like to know if it is required under state (if you know) or federal laws to have a customer sigh a claim form for an unauthorized/forged/altered check? If so, is it required to be notarized? We are aware that NACHA made provisions during the pandemic to allow WSUDs to be taken verbally, however we would like to know if it's necessary for checks and specifically if a Notary is needed as one might not be available in the branch on the day the claim is made.
Returned Check Rules
03/26/2023
I would appreciate direction on where to find in the regulation(s) the requirement for counterfeit checks to be returned within a 24 hour period of payment. We have a client that has had a counterfeit check clear their account and needs proof that it must be returned the next day or it is considered a late return.
How can automation improve my sanctions screening and management processes?
03/26/2023
How can automation improve my sanctions screening and management processes?