Most Popular Compliance Content
SAR for Possible Structuring
09/05/2021
We filed a SAR for possible structuring. After the 90 days we found there to be no other cash transactions. Now it has been eight months and we suspect this same customer for structuring again. Do we file a new SAR or recurring from the one we previously filed eight months prior?
Requiring things in Reg E can be bad
09/05/2021
Can we refuse a claim if a customer doesn’t send us a form we require?
Document Management for Loan Participations
08/29/2021
How do lead banks manage loan participation documentation?
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?