Compliance Action, Volume 14, Number 4

Managing Compliance: Looking for Efficiencies (5 Action Steps)

By Lucy Griffin

Combining policies where multiple laws and regulations have similar purposes is beneficial and more efficient.

Suspicious Activity Reports: To Share or Not to Share? (4 Action Steps)

By Lucy Griffin

Disclosure of the existence of a SAR can cost the institution the protection of the safe harbor. FinCEN proposes clarification on the information sharing guidelines.

Action Training
Interagency Guidelines: Establishing Information Security Standards (Chart)

By Lucy Griffin

Informating Sharing, CIP and Red Flags go hand in hand. Putting them together into one program is the trick.

Compliance Notes

• New FRB Website
• Watching Congress
• FDIC's Consumer Help
• Why CIP?
• Foreclosure Scams
• Fed's Advice on Foreclosure Scams
• Congress Looks at Regulators
• More BSA Enforcement

Compliance Calendar

In the Editor's Opinion
What Good is Compliance?

By Lucy Griffin

What goes around comes around. A successful compliance progam results in customer satisfaction which is in turn good for the organization.

Compliance Q & A

• Address Discrepancy on Business Loan
• Disclosures on Vendor ATM
• Information Sharing Change Notice Requirements