Second Post in a Two-Part Series -
In our first post in this series, we described how the U.S. Senate Committee on Banking, Housing, and Urban Affairs (the “Banking Committee”) met in open session late last week to conduct a...more
12/6/2018
/ Anti-Money Laundering ,
Artificial Intelligence ,
Bank Secrecy Act ,
Beneficial Owner ,
BSA/AML ,
FBI ,
Federal Pilot Programs ,
FinCEN ,
Geographic Targeting Order ,
Legislative Agendas ,
OCC ,
Popular ,
Proposed Legislation ,
Real Estate Investments ,
Regulatory Burden
First Post in a Two-Part Series -
Late last week, the U.S. Senate Committee on Banking, Housing, and Urban Affairs (the “Banking Committee”) met in open session to conduct a hearing on “Combating Money Laundering and Other...more
12/5/2018
/ Bank Secrecy Act ,
BSA/AML ,
Currency Transaction Reports (CTR) ,
EGRPRA ,
FBI ,
Financial Crimes ,
Financial Institutions ,
FinCEN ,
Legislative Agendas ,
Money Laundering ,
OCC ,
Proposed Legislation ,
Senate Banking Committee ,
Threshold Requirements
Last week, the Office of the Comptroller of the Currency (“OCC”) published the Spring 2018 Semiannual Risk Perspective (the “Report”), which uses up-to-date data to identify risks to U.S. banks and measure their compliance...more
6/6/2018
/ Beneficial Owner ,
BSA/AML ,
Customer Due Diligence (CDD) ,
Cyber Threats ,
Cybersecurity ,
Financial Fraud ,
Fraud Prevention ,
Money Laundering ,
OCC ,
Popular ,
Risk Management ,
Third-Party Risk
OCC Identifies AML/BSA and Cyber Threats as Elevated Risks Facing Banks -
Last week, the Office of the Comptroller of the Currency (“OCC”) published the Spring 2018 Semiannual Risk Perspective (the “Report”), which uses...more