My community bank was cited during a regulatory examination for not providing annual BSA training during the previous calendar year. I am concerned other types of mandatory training may be inadvertently overlooked. What other training are bank employees required to receive annually? Is a master list available somewhere?
Our branch manager wants to clean up the clutter around our teller windows and personal bankers desks. Are there any “no-no’s” we should avoid?
Do you have a suggestion for types of transactions should we monitor on TPPPs?
How do we mitigate risk on a third party payment processor?
Who do we have to train on BSA and how often?
Can we bank third party payment processors?
Is OFAC training a required course for our board of directors annually?
Is there a "checklist" to use in compliance that would list the things for each regulation that need to be completed each year? For example, annual training, reports required board notifications, etc.
Is Regulation DD training required for all staff on an annual basis?
I overheard an employee recommending to a customer to deposit part of a deposit one day and the rest of the money the next day, therefore avoiding the filing of a CTR. What action would need to be taken on this employee? I need to make sure that all the bases are covered and all the reports needing filed are filed.