Most Popular Compliance Content
8 beneficial owners in 2024? Really?
06/18/2023
Can there be 8 beneficial owners in 2024?
High Risk? Anybody or Nobody?
06/18/2023
Who is high risk for BSA?
Is a wheel-spin game allowed?
06/11/2023
We have a “spin the wheel” promotion. To spin, a customer must donate $1 that the bank donates to a charity. All the prize amounts on the wheel are more than $1 therefore all customers will get more than they donate. The amount won is then sent to the customer via our e-wallet app. We set a certain number of spins and it is done on a first-come-first-served basis.
Legal counsel is a control person for BOI?
06/11/2023
Is the company’s staff legal counsel considered a control person for beneficial ownership?
Advertising-more than ECOA, TILA, TISA and Fair Housing
06/04/2023
Is following the standard Regs, B, Z, DD and fair housing going to ensure advertising compliance?