Most Popular Compliance Content
Risks of Tellers Selling Money Back and Forth
07/04/2021
What are the risks of tellers selling money back and forth instead of buying and selling to the vault? (Example.... teller 1 needs $2,000 in $100 bills and teller 2 has an extra $,2000 in their drawer. So teller 1 buys from teller 2 instead of buying from the vault.)
Currency Transaction Report Filed by Mistake
07/04/2021
Can you tell me where to find guidance on, or when to actually do, when a Currency Transaction Report was filed by mistake?
Risk Assessment Prep
07/04/2021
Should our risk assessment include products and services we don’t offer?
Isolated or Technical Regulatory Violations
06/27/2021
Could isolated or technical exam findings results in a regulatory enforcement action.
Seniors DDA Violates Reg B
06/27/2021
Most restaurants offer senior discounts now at about age 55 and so we want our Seniors Checking account product to be available at age 55. Our compliance officer said it violated Reg B, but then left the bank. This isn’t a loan product, so what gives?