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April 22
A Banker's Guide to Virtual Currency
Andrew Beal

April 24
BSA/AML Compliance: Writing the SAR Narrative
Ken Golliher

April 29
HSA Basics
Whitney Johnson

April 29
Required Training for Loan Originators
Mary Beth Guard and Jack Holzknecht

May 13
Overdraft Practices in Today's Regulatory Environment
John Burnett

May 14
Reg E Claims - Allocating Liability Correctly
Andy Zavoina



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#1507673 - 02/09/11 03:56 PM OCC and the MLR
Pisces Offline
Member

Registered: 11/30/06
Posts: 67
Loc: Texas
For those of you that are OCC banks and have to complete the MLR (money laundering risk system),what is the definition of official bank checks?

This is the first item on the BSA/AML Quantity of Risk Summary Form.

Just curious to see how others are interpreting.

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Operations Compliance
#1507701 - 02/09/11 04:22 PM Re: OCC and the MLR [Re: Pisces]
califgirl Offline
Diamond Poster

Registered: 03/04/02
Posts: 2226
Loc: The O.C., California
Do you have the User Guide? It says monetary instruments includes Travelerís Checks, Official Checks, Cashierís Checks, and Money Orders.
_________________________
I can explain it to you. I can't understand it for you.

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#1507798 - 02/09/11 05:59 PM Re: OCC and the MLR [Re: Pisces]
Pisces Offline
Member

Registered: 11/30/06
Posts: 67
Loc: Texas
Yes.....I have the numbers for travlers checks and money orders or cashiers checks.

But I still do not know what falls into the "official bank checks" group.

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