FinCEN plans to make changes to its Secure Information Sharing System (SISS) in late September of this year. Some of the changes include:
•New design intended to be more user-friendly
•New password rules that will use challenge questions and prompt users to change their password every 90 days
•Ability for users to generate activity reports and complete self-verification automatically
•Ability to upload and securely transfer non-314(a) information to FinCEN
If you’re a 314(a) point of contact, you will want to watch your email for additional information.
Diane joined Banker’s Compliance Consulting with over 10 years of compliance experience and over 15 years of experience within the financial industry. Diane is a Certified Regulatory Compliance Manager (CRCM) and has a Bachelor’s Degree in Sociology with a concentration in Criminal Justice. She is a graduate of the Schools of Banking Compliance School and has participated in various other training opportunities throughout her career. Diane understands firsthand the struggles banks face in building and maintaining successful compliance programs. Her experience and common sense approach to consumer compliance is a great asset to our clients.
Diane and her husband have two kids who keep them busy. She enjoys running and other sports and is a big Bugs Bunny fan! She’s a bit crazy in that she does enjoy reading some of these regulations and she’s a “crazy cat lady!” Her cat tales are hilarious!