Latest Compliance Topics

By Kevin B. Kendrick, Supervisory Special Agent, Federal Bureau of Investigation

We managed to catch Ray Ellis, Vice President and Security Manager of First Union National Bank in Roanoke, VA at his desk this week.

The Institute of Certified Bankers now has a program for the certification of individuals with at least seven years of banking experience and who provide credit and other financial services to smal

First Step of Regulatory Burden Relief Due Soon

The FDIC has planned 10,949 examinations for compliance, trust, electronic data processing for 1994.

At a session titled 'The Board's Role In Compliance' at the Independent Bankers Association of America Conference in Orlando in February, banking attorney Martin Lowy said that financial institutio

Question: We're already subscribers to the BANKERS' HOTLINE and we got an ad through the mail addressed to the "Auditor" of our financial institution.

Security and compliance officers need to work together implementing the new Same-Day Settlement rule that went into effect on January 3, 1994.

The Office of Thrift Supervision (OTS) had 131 examiners in the U.S. who focus on compliance and 826 who check on safety and soundness issues.

There were 11,081 community banks in existence at the end of 1992, compared with 11,552 in 1991.