01/31/2016
A person opens a DDA, is properly CIPd, and his name includes "Jr." as a suffix. Later, the same person, same SSN, borrows money without using the "Jr." suffix. Should the lender require the borrower to re-sign the promissory note using Jr. in the borrower's name?
09/17/2012
Is there a requirement that lending agencies require proof of identity by coming in in person and giving a copy of a state issued ID before a loan is issued?
04/01/2005
In the world of compliance, we sometimes face requirements that appear contradictory, what we like to call dueling regulations.
01/31/2005
I'm the Internal Auditor of a community bank and will really appreciate your help with this. I'm working on the BSA Internal Audit and was trying to see if the FDIC/State requires for all employees to complete their BSA training, regardless of their department? We have a very good compliance program and training but it seems that some of the Loan department has not finish or even started with their online BSA training. Should I include as a recommendation to make sure that all employees complete their BSA training or should I write it up as violation? If you advise me to write it as a violation, give me good arguments because I have a stubborn Compliance Officer. Once again I would like to thank you for your time and assistance.
09/20/2004
What is considered adequate training under the Bank Secrecy Act for bank employees? Might this vary based on their duties?
12/01/2003
I have just been nominated compliance officer of a thrift at which I am a new employee (this is my 3rd week). I have 15 years previous banking experience in almost every department but never in compliance. Where should I start?
03/01/2002
12/01/2001
As is the case with almost any change or development, the events of September 11 have brought us more compliance.
11/01/1999
08/01/1997
Information privacy - information about the consumer - is one of the hottest growing areas in regulatory compliance.