The Modernization of BSA

The Modernization of BSA

There is a lot of chatter in today’s regulatory arena about “modernizing” regulations put in place over 30 years ago to align with today’s society and banking practices. The conversation is mainly focused around modernizing the Bank Secrecy Act (BSA) and the Community Reinvestment Act (CRA) with the introduction of H.R. 6068. 

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ACAMS Regulatory Roundtable: AML Hot Topics

ACAMS Regulatory Roundtable: AML Hot Topics

At the ACAMS Annual AML & Financial Crime Conference in early October, a regulatory roundtable represented by FinCEN, OCC, FDIC, OCIE, and FRS, was rich with AML hot topics that the supervising institutions are seeing while examining financial institutions.

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Celebrating BSA/AML Superheroes – Arlene Mejias, CAMS

Celebrating BSA/AML Superheroes – Arlene Mejias, CAMS

In honor of National Financial Crime Fighter Day on Friday, October 26, we're highlighting five BSA professionals and their biggest BSA/AML win. Read on to learn how Jessica Broad got involved in compliance and how she helped save a customer almost $10,000 in a scam. 

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Celebrating BSA/AML Superheroes – Patty Fisher

Celebrating BSA/AML Superheroes – Patty Fisher

In honor of National Financial Crime Fighter Day on Friday, October 26, we're highlighting five BSA professionals and their biggest BSA/AML win. Read on to learn how Jessica Broad got involved in compliance and how she helped save a customer almost $10,000 in a scam. 

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The Next Cybersecurity Threat: Your Email Inb0x

The Next Cybersecurity Threat: Your Email Inb0x

You recently received an email from a coworker asking you to review a webpage. You click on the link and suddenly your entire computer is under malware attack. In our latest article, we explain what business email compromise and email account compromise are and how you can better protect yourself, and the entire company, from them.

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How Serious is SAR Confidentiality?

How Serious is SAR Confidentiality?

It’s not too often that SARs advance from the BSA department to the mainstream media, but it happened in a big way last week. Last Wednesday, a senior advisor at FinCEN was arrested and charged with leaking confidential bank records involving Paul Manafort, Rick Gates, Maria Butina and the Russian Embassy, proving a SAR is one secret you really want to keep. 

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Celebrating BSA/AML Superheroes – Amy Woolsey, CBAP, CAFP

Celebrating BSA/AML Superheroes – Amy Woolsey, CBAP, CAFP

In honor of National Financial Crime Fighter Day on Friday, October 26, we're highlighting five BSA professionals and their biggest BSA/AML win. Read on to learn what Amy Woolsey loves about her job and the work she has done to stop financial criminals as a BSA officer at Legend Bank in Bowie, Texas.

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OCC Releases Priority Objectives for Fiscal Year 2019

OCC Releases Priority Objectives for Fiscal Year 2019

The OCC’s 2019 fiscal year has officially begun. With that, they released their annual supervisory strategy plan for the new fiscal year. It aligns with their most recent semi-annual risk perspective issued this past spring so there shouldn't be any big surprises, but Jessica Caballero, CRCM discusses how to better prepare for your next exam. 

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