Most Popular Compliance Content
Opening UTMA Account- Place Funds in CD?
11/18/2018
When opening an UTMA account can the funds be placed in a Certificate of deposit?
Training on Regulations for Examiners
11/18/2018
What specific regulations do examiners look for training on, and how often should it be done?
Checks Payable to Beneficiaries-No IRA Transfer
11/18/2018
We have an IRA customer who has passed away. The beneficiaries want the checks made payable to them without the IRA being transferred into the beneficiaries' names. Can we do that?
Cyber-events and Cyber-enabled Crime (FinCEN)
11/18/2018
As it pertains to the FinCEN guidance in 2016 relating to Cyber-events and Cyber-enabled crime, does the requirement of identifying a suspect still apply, or should banks be filing SARs on cyber-enable crime(i.e., identity theft) if the $5k threshold is met even if a suspect is not identified?
Cashier Checks Deposited Together as Large Deposit
11/11/2018
When two cashier's checks are deposited together and held as a Large Deposit, should $5,000 of the total be made available immediately or is $5,000 from each check ($10,000 of the total deposit) made available immediately?
