Most Popular Compliance Content
Reg E claim confirmation requirements
08/29/2021
Are we required to provide a confirmation letter when a dispute is received? Are we required to provide a confirmation letter if we determine there was fraud and the temporary credit is permanent?
Debiting provisional credit after Reg E claim closed
08/29/2021
If the bank has already closed out a dispute claim because the 90-day time frame was up and provisional credit was made final, the bank cannot take funds back if the merchant provides credit after that time?
Internal raffles matter
08/29/2021
Can we do an internal raffle (selling tickets for a chance to win a prize) to benefit a non-profit organization?
BSA training for lenders? Really?
08/29/2021
Why do lenders have to attend BSA training?
Making Reg CC hold amounts easier
08/22/2021
The inflation-adjusted dollar amounts, especially $225 and $5,525, in Regulation CC are cumbersome to work with. Can a bank “round them up” to amounts that are easier to work with, such as $250 and $5,600?