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Bankers' Hotline, Volume 25, Number 3

March 23, 2015

Beefing Up BSA Oversight

by Teri Wesley

Recent and current enforcement actions for BSA violations are sending a strong message to financial (and non-bank) entities to have strong BSA/AML procedures in place.

Phishing Season for Tax Fraud

by Teri Wesley

Tax fraud season is in full swing – and phishers are angling for tax preparers, as well as consumers.

In The News

Statistics, Facts, & Such

Technology Update
A New Weapon in the ATM Skimming War

Training Page
Focus on UDAAP Training

by P. Kevin Smith, CPP

With the enforcement of UDAAP now being undertaken by consumer watchdog CFPB, banks should make sure customers understand everything, and that employees are properly trained in the area of UDAAP risk assessment.

OCC Issues New Overdraft Guidance

The OCC has has issued updated guidance regarding consumer protection requirements to overdraft lines.

Help for Foreign Account Filers

FinCEN has new resources to help individuals and institutions who are required to report on foreign financial accounts.

Focus on Fraud

From the editor's desk
He Will Be Missed...

by P. Kevin Smith, CPP

A Special Tribute: The security industry lost a dynamic and entertaining instructor...we lost a dear friend and colleague.

War Stories

Questions & Answers

Other Bankers

Editor:
P. Kevin Smith, CPP
Contributing Editor:
Teri Wesley
Executive Editor:
Barbara Hurst
Board of Advisors:
John S. Burnett
Peter G. Djinis, Esq.
William Gearin
Lucy H. Griffin
Mary Beth Guard, Esq.
David McGuinn
Robert G. Rowe, III, Esq.
Barry Thompson
Dana Turner
Andy Zavoina

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