11/10/2019
We have a customer who asks for random people's help by having them issue checks to him and he provides them cash (more than the amount on check) in return. For us, it's suspicious but don't know what is the best reason to put in the SAR?
08/27/2007
If I suspect money laundering in a commercial loan account, to the point where I am going to submit a SAR, what options do I have for closing that account? Assume that I strongly suspect money laundering, but cannot prove it definitively.
08/20/2007
If I suspect money laundering in a commercial loan account, to the point where I am going to submit a SAR, what options do I have for closing that account? Assume that I strongly suspect money laundering, but cannot prove it definitively.
11/01/2005
The annual Money Laundering Enforcement Conference co-sponsored by the American Bankers Association and the American Bar Association is always fertile ground for new ideas on BSA program management
04/01/2005
In the world of compliance, we sometimes face requirements that appear contradictory, what we like to call dueling regulations.
01/31/2005
I'm the Internal Auditor of a community bank and will really appreciate your help with this. I'm working on the BSA Internal Audit and was trying to see if the FDIC/State requires for all employees to complete their BSA training, regardless of their department? We have a very good compliance program and training but it seems that some of the Loan department has not finish or even started with their online BSA training. Should I include as a recommendation to make sure that all employees complete their BSA training or should I write it up as violation? If you advise me to write it as a violation, give me good arguments because I have a stubborn Compliance Officer. Once again I would like to thank you for your time and assistance.
11/01/2004
Question: Is there a difference between CIP programs for loan customers and for deposit customers?
10/01/2004
by Dana Turner, Security Education Systems
09/20/2004
What is considered adequate training under the Bank Secrecy Act for bank employees? Might this vary based on their duties?
07/01/2003