Most Popular Security Content
Cost Effective Third Party Risk Management
05/25/2009
How can the bank cut cost in risk and compliance management for third parties?
Optimizing Supplier Risk Management
05/18/2009
How can the bank optimize its vendor risk management efforts?
BSA - Is Savings Bond a Monetary Instrument?
05/18/2009
Husband and wife customers came in and purchased $10,000 in savings bonds. They used a $4,000 on us check and a $3,000 savings withdrawal and $3,000 in cash. Our bank completes Monetary Instrument Logs for Official Checks, Travelers Checks, and Cashier’s Checks that are purchased with cash between $3,000-$10,000. Would a Savings Bond qualify as a "Monetary Instrument"?
BSA Officer Certification & Independent Gatekeeper
05/18/2009
Is it required for a BSA Officer to be certified and what is an independent BSA gatekeeper?
CTR Reporting - IOLTA Accounts
05/18/2009
We have several attorneys who maintain IOLTA accounts with our bank. They all use the same tax ID and their transactions aggregate on the large cash transaction report. If they are acting independently, would we still need to aggregate the transactions for CTR reporting?