March 2022 Compliance Monthly Newsletter

By Compliance, Compliance Monthly Newsletter

As I compose this article, I believe I can hear a collective sigh of relief as financial institutions throughout the land hit the ”submit” button and send their HMDA data out into the ethos! This time of year always comes with its HMDA stresses and anxieties. We hope that we can relieve that stress for the coming HMDA season by sharing some observations made during HMDA Season 2022!

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September 2021 Compliance Monthly Newsletter

By Compliance, Compliance Monthly Newsletter

Getting Your AML/CFT Priorities Aligned
On June 30, 2021, the joint agencies published its first list of national AML/CFT Priorities as set forth by the Anti-Money Laundering Act of 2020 (the “AML Act”) which requires the Secretary of the Treasury, in consultation with the Attorney General, Federal functional regulators, relevant State financial regulators, and relevant national security agencies, to establish and make public priorities for anti-money laundering and countering the financing of terrorism policy (AML/CFT Priorities).

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July 2021 Compliance Monthly Newsletter

By Compliance, Compliance Monthly Newsletter

Getting Your AML/CFT Priorities Aligned
On June 30, 2021, the joint agencies published its first list of national AML/CFT Priorities as set forth by the Anti-Money Laundering Act of 2020 (the “AML Act”) which requires the Secretary of the Treasury, in consultation with the Attorney General, Federal functional regulators, relevant State financial regulators, and relevant national security agencies, to establish and make public priorities for anti-money laundering and countering the financing of terrorism policy (AML/CFT Priorities).

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