When your bank receives a claim that an ACH charge to a customer’s account was unauthorized, you have to respond correctly and your customer expects swift results.
Nobody wants compliance mistakes but when they are tolerable and in moderation, you grow, you learn from them and that leads to improvement and survival in a tough world of compliance and banking.
During this webinar, we will bring you up to speed on all things BSA and OFAC for 2024. It’s been a busy year as beneficial ownership continues to roll out amidst legal battles. New National Risk assessments have been published and crime abounds.
On-Demand Webinars about Operations
Recorded on March 14, 2024
New! Frequently Asked Questions Released on the SECURE Act 2
Many components of the SECURE Act 2.0 go into effect in 2024. During this webinar we will review the new FAQs that relate to IRAs particularly some of the new withdrawal exceptions to the 10% Penalty. This webinar will give you a good
Recorded on March 07, 2024
Security Demystified: Navigating the Top 25 Frequently Asked
The FDIC’s revised regulation on Advertisement of Membership, False Advertising, Misrepresentation of Insured Status, and Misuse of the FDIC’s Name or Logo becomes effective April 1, 2024, with a mandatory compliance date of January 1, 2025.
Have you checked off all the Operations changes on your list from 2023? Did you put out all those “fires” that popped up, or are there still some hot spots?
Recorded on January 12, 2024
Alert! Beneficial Ownership Information Access and Safeguar
The Financial Crimes Enforcement Network (FinCEN) issued a final rule implementing the access and safeguard provisions of the Corporate Transparency Act (CTA) (the “Access Rule”).
Many of the inherited IRAs have missed distributions due to the delayed release of the regulations. During this program, we will review what are the rules for inheriting an IRA and distributing to the beneficiaries.
There are many ways to violate military lending rules and some lenders are actively doing this. One lender recently agreed to pay $225,000 because they were not providing the interest rate adjustments the SCRA requires.