06/02/2008
When a bank has an indirect lending relationship with a car dealer, then how does it go about complying with enhanced due diligence, CIP, etc.?
04/01/2008
Effective Fraud Detection Measures Used by Filers
03/24/2008
Is a final TIL required on a fixed rate home equity loan?
10/01/2007
Credit card checks, also known as convenience checks or courtesy checks, are issued through a credit card company and linked to a credit card account.
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.
05/28/2007
Is the Truth in Lending Disclosure a mandatory early disclosure in addition to the Special Information booklet, Good Faith Estimate and the Mortgage Servicing Disclosure?
01/22/2007
I recently saw a response in a BOL Thread that "suggested" that when a bank is required to file a SAR on an employee (or insider) that the bank should also notify its primary banking regulator. I can find no other guidance on this matter and want to know when, or if, this is a requirement to notify our regulator when we file an employee/insider SAR.
10/09/2006
What are the bank policies that need board approval and how frequently?
07/24/2006
I'm having a slight issue regarding BSA/CIP with our loan officers. I'm wondering what other banks may be doing in specific cases. Such as, if the loan is with a corporation, do you identify the corporation and the principals (not as actually responsible for the loan, just as say the president or owner)? What if the president is signing as a guarantor and what if the loan is with an LLC? Of course, with a partnership or as individuals you would identify each person.