11/05/2008
What is a risk assessment and what types of things would it cover?
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?
08/08/2008
Currency Transaction Reports (CTR) and Suspicious Activity Reports (SAR): Reading With Context By Regina Stone16
04/01/2008
SARs reporting suspected mortgage loan fraud continue to increase. This study includes SARs reporting suspected mortgage loan fraud filed between April 1, 2006 and March 31, 2007.
03/12/2008
By Staff of the Financial Industry Regulatory Authority and the Securities and Exchange Commission22
11/19/2007
Is it a requirement to apply OFAC to a beneficiary when paying out the balance of an account?
06/04/2007
When conducting wire transfers (incoming or outgoing) is it necessary to check bank names (both foreign and domestic) against the OFAC list?
01/22/2007
I recently saw a response in a BOL Thread that "suggested" that when a bank is required to file a SAR on an employee (or insider) that the bank should also notify its primary banking regulator. I can find no other guidance on this matter and want to know when, or if, this is a requirement to notify our regulator when we file an employee/insider SAR.
10/23/2006
Does a CU need to get a driver's license copy every time they do a loan for a member if they have obtained it in the past? Can they just get the Driver’s License number instead of copying Driver’s License? What's the rule under BSA?
10/09/2006
Are gift cards considered a "Monetary Instrument"? For example: A customer purchased $3500 in gift cards with cash. Should we put it on the monetary instrument log?