Most Popular Compliance Content
Beneficial Ownership on DBAs
08/28/2022
If an LLC is doing business under a trade name such as "ABC LLC dba John's Farm Supplies," what is needed for beneficial ownership? I know the ABC LLC is required to have beneficial ownership and control prong information, but what about the dba John's Farm Supplies, does it need anything separate?
Compliance officers and the Board
08/28/2022
If the board is ultimately responsible for compliance, what is the compliance officer’s role?
Fraudster differences between valid and denied claims
08/28/2022
So, if my customer initiated the Zelle transfers to bad guy- is the customer liable? Bad guy calls our customer, states to be from the bank, has the customer login to their online banking and the customer is the one who is sending funds...who is pushing the submit button...is this the customer loss?
Who “does” compliance?
08/21/2022
What does the Compliance Officer have to do in his or her role?
Speeding up deposit insurance payments
08/21/2022
Will the simplified trust account coverage rules help speed up FDIC coverage payments for trust accounts if a bank fails?