Bankers' Hotline, Volume 24, Number 4
Federal regulators are not just urging financial institutions to bolster their defenses against cyber warfare – they are now requiring them to do so.
The OCC has issued guidance for garnishment of federal benefit payments that are direct deposited.
In The News
- Consumer Complaints on the Rise
- Reviewing CIP Safeguards
- Putting Prepaid Card Disclosures to the Test
Windows XP Scam Alert
Mail Room Safety
Training of secure mail handling procedures should be an included component of your physical security program.
Fraud operations are halted when members of the rings are apprehended and face charges for their roles in the crimes.
FinCEN Director Jennifer Shasky Calvery discussed current industry AML challenges with attendees at a recent financial crime conference.
Focus on Fraud
From the editor's desk
You Can't Fix Stupid
Sometimes regulators respond to stupid incidents by implementing a policy, procedure, or regulation that fails to fix the underlying problem.
Questions & Answers
- Handling Marijuana-Related Business Accounts
- Circulation of $2 Bills
- OFAC Screening of Account Beneficiaries
- Listing of OFAC Sanctioned Countries
- Handling Mutilated Coins
- Executive Director:
- Barbara Hurst
- P. Kevin Smith, CPP
- Contributing Editor:
- Genilee S. Parente
- Board of Advisors:
- John S. Burnett
Peter G. Djinis, Esq.
Lucy H. Griffin
Mary Beth Guard, Esq.
Robert G. Rowe, III, Esq.