Mistakes are bad, except when you learn from them. Mistakes are great when you learn from someone else’s. Join me as we look at what examiners and auditors are finding wrong in banks so they do not find these in your bank.
You need a full understanding of FinCEN's two significant guidance documents and the 63 FAQs they contain, in order to fully comply with the regulations on Beneficial Ownership Requirements for Legal Entity Customers and the codification of a &q
Recorded on April 23, 2018
Just the FAQs — FinCEN’s Guidance on Beneficial Ownership and Customer Due Diligence
Banks simply cannot comply with FinCEN’s 2016 Customer Due Diligence Requirements for Financial Institutions rule, with its addition of Beneficial Ownership Requirements for Legal Entity Customers and codification of a “five pillar” requirement for f
Recorded on April 17, 2018
BSA Annual Staff Training --Updated for Beneficial Ownership
Is Your Customer Hiding Money? Does your customer buy cashiers checks and store them? Does your customer operate a business in a personal account? Does your customer have transactions that are layered?
Recorded on March 29, 2018
IRA Advanced: Breaking Down the Complicated Issues
Is this a Rollover? Is this a Transfer? Can I quit my job now???!!! Many banks underestimate the importance of know the difference between an IRA Rollover and an IRA Transfer. Does it make a difference?