Information to help with BSA compliance
Complying with the Bank Secrecy Act is constantly evolving and changing. The bad guys always come up with new ways to lie, cheat and you are charged with the important task of mitigating risk, as well as detecting, preventing, and reporting suspicious activity. Some of the more recent areas of BSA focus have been fraud/scams related to the COVID-19 pandemic (i.e., unemployment, health insurance, PPP, vaccines, etc.), cannabis law (marijuana, hemp, etc.), human trafficking, and more.
Banker’s Compliance Consulting has a variety of free resources to help you with BSA compliance, as well as, webinars on numerous BSA-related topics.
Other resources you may find helpful are:
Your Federal Regulator’s website:
Kevin brings years of experience and a unique perspective on regulatory matters to our clients. A self-proclaimed geek and accredited CRCM, Kevin is also a recovering attorney with experience as in-house counsel for a large regional bank and one of the leading national title insurance providers. For reasons unknown, Kevin decided to leave the safety and serenity of his desk job to seek fortune and glory as a wandering adventurer. Like a bank compliance version of Kwai Chang Caine, The Man with No Name or Don Quixote, he now travels the land seeking to help those in need and righting compliance wrongs, wherever he may find them.
Kevin lives in Sioux Falls with his two children, who are surprisingly normal after having endured their father’s vivid imagination for their entire lives. He won’t admit to having any hobbies, because apparently “Regulations never sleep.” (While he does say this in his Batman voice, we’re pretty sure he’s joking.) From the looks of his Facebook page, he likes the outdoors and spending time with his large extended family (who seem like relatively normal people).