Most Popular Compliance Content
Responsibility for Check Deposited Through ATM
12/01/2019
Who is responsible for a check that was deposited through an ATM? In this case the paying bank sends an affidavit of altered check 20 days after the deposit was made. Then calls to state the payee and endorsement does not match, but also states in the affidavit that customer stated it was not his signature and someone stole the check from the mailbox.
CIP Documentation Process- IRS Tax Forms
12/01/2019
I have a compliance question related to our CIP documentation process. An IRS SS-4 Form is typically a required document to verify the Employee Identification Number. We are asking if a company’s Tax Returns and Department of Revenue Letter can be used as substitute items in lieu of the SS-4?
Top Security Controls to Protect Your Bank From Cyber Crime
12/01/2019
What are the most critical security controls to protect banks?
Understanding UDAAP
11/24/2019
Where does the CFPB’s authority come in when they determine something is “Abusive”?
Guidance on Safe Deposit Box Keys
11/24/2019
With fewer and fewer employees available to access dual control we're considering putting a small number of safe deposit box keys into a working supply. What guidance can you give me on this?
