11/26/2012
Relative to BSA/AML, is there anything within FFIEC guidelines, or anything else for that matter, that states a bank must get the purpose for a wire/funds transfer? At a previous institution that I worked at we were cited by the OTS because we were not obtaining the purpose for a wire transfer. I have spoken to other colleagues and they, too have been cited; however, no one can find where this is an actual BSA requirement.
02/13/2012
I have a loan that was denied. How do I report negative income on the HDMA LAR? Do I use NA?
03/17/2009
We have been offering remote deposit capture for nearly two years. The FFIEC guidance issued in January, 2009 says institutions should do a risk assessment first. We didn't. Is it too late?
11/12/2008
Do regulations require a specific pandemic flu "Policy". We are incorporating procedures for avian flu/pandemic in our disaster recovery plan. Is this sufficient?
10/27/2008
A customer/owner wants to have his apartment property appraised using two methods- "as is" and "as if unimproved" (land value). After the appraisal is completed the customer wants to obtain a bank loan to finance either a rehab or new construction. Under FIRREA, can the bank engage the same appraiser and have the original reports updated?
09/22/2008
What position (head teller, loan officer, etc.) of the bank would be the best candidate for our BSA officer? Would it be our compliance officer?
12/10/2007
How in-depth should the training be for the Board of Directors in BSA? Is a general overview of BSA/AML/CIP along with an overview of the procedures in place sufficient for compliance?
07/28/2006
12/16/2005
Vendor Viewpoints:
Year-End Developments & Predictions
12/12/2005
Disaster Planning for Pandemic Flu
by Jeff Patterson, MCSE, MCDBA, CDIA+, BOL Guru