Regulatory Compliance
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Better Safe than SARy

FinCEN has required the filing of Suspicious Activity Reports, or SARs, for quite some time now. And, because of annual training requirements, and simply a matter of operations, credit union staff are generally quite knowledgeable with...

Spring (and Year-Round!) Training

Now that the Super Bowl is over (congrats, Broncos!), the normal flow of the universe is to direct our attention to spring training. And that got me thinking…spring training…training…compliance… compliance training! (Hey, it’s how...

2016 – Something Old, Something New

Something old, something new. That’s what 2016 is shaping up to look like from the NCUA’s point of view and focus for the year. Something old is BSA. Something new is Cybersecurity. And, just to round...

Thar’s Gold in Them Thar Hills!

A recent report by the Financial Action Task Force identified gold as an increasingly common method of money laundering and terrorist financing. Why? Because it is anonymous and easily exchangeable. The process often involves...