Can I Make Changes to FinCEN’s Beneficial Ownership Model Form?
…and more insights from ABA’s Compliance Center Inbox in the May/June issue of the ABA Banking Journal.
Browsing: Bank Secrecy Act
Podcast: Recapping an Action-Packed Week in Washington
At the end of a whirlwind week in Washington, James Ballentine — head of congressional relations at ABA — recaps the action at the ABA Government Relations Summit.
Otting Previews OCC Actions on CRA, BSA, Small-Dollar Loans
The OCC’s top policy priorities are changing regulations on the Community Reinvestment Act, the Bank Secrecy Act and small-dollar lending, Comptroller of the Currency Joseph Otting said today at ABA’s Government Relations Summit.
Luetkemeyer Highlights House Efforts on Reg Reform, BSA/AML, Data Breaches
Rep. Blaine Luetkemeyer (R-Mo.) today pledged that “we’re going to work hard to make sure [the S. 2155 regulatory reform measure] gets through” the House “as quickly as possible.”
What You May Not Know About the Beneficial Ownership Rule
A rule that initially seemed rather straightforward has yielded multiple devils in the details.
FinCEN Publishes Long-Awaited FAQs on Beneficial Ownership Rule
The Financial Crimes Enforcement Network today published a long-expected set of frequently asked questions on expanded customer due diligence requirements under the Bank Secrecy Act.
Podcast: From Innovation to Cyber Resilence, Insights and Highlights from ABA’s NCCB
The newest episode of the ABA Banking Journal Podcast offers insights from four speakers at this week’s National Conference for Community Bankers in Honolulu.
GAO Urges Regulators to Review Effects of BSA/AML Regulations
Confirming that the U.S.’ Southwest border is at high risk for money laundering activity, the Government Accountability Office found in a recent review that bank branches in that region filed more than twice as many Suspicious Activity Reports than banks in other high risk areas.
Cui Bono? Banks Count Down to Compliance with the Beneficial Ownership Rule
FinCEN’s rule on customer due diligence takes effect this May. Is your bank ready?
Keeping Up with Change: Compliance Priorities for 2018
ABA compliance experts break down what bankers can expect in 2018.