In eight days, the new 5th pillar – that includes Beneficial Ownership – takes effect. Starting May 11, 2018, Customer Due Diligence (CDD) will be added to the other four Bank Secrecy Act pillars. Right now, one of the most frequently discussed questions continues to be CD and loan renewals. TCA’s BSA Action Team (BAT) […]
CDD and Auto-Renewing Products: Are you BSA Compliant Read More »
On January 4, 2018, Attorney General Jeff Sessions issued a Memorandum which reverses the Department of Justice’s (DOJ’s) stance on enforcement of the Controlled Substances Act as it relates to medical and recreational marijuana that is legal at the state level. How this will impact federal prosecution of the marijuana industry is uncertain, but the
Stunning Reversal by DOJ on Marijuana Enforcement Read More »
TCA’s 90 minute webinar will help you understand the regulatory requirements for advertising and the focus on consumer harm.Topics include: Advertising Basics – Has the “trigger” been pulled? Overview of what is required Trigger terms that require additional disclosure Differences in media Disclosure Format – Time to Read the Fine Print Best practices for formatting
Advertising and Marketing Pitfalls: Avoiding Consumer Harm Read More »
All of the regulatory agencies have followed the lead of the CFPB and significantly shifted the focus of examinations to the potentialfor consumer harm. In order to effectively prepare for this new regulatory approach, Banks must be able to understand its consumerharm risk profile. This critically important and timely webinar includes: The evolving approach of
What You Need to Know for Your Next Compliance Exam Read More »
Following the recession of the last decade, many states explored creative options to generate additional revenue without increasing income or sales taxes. Given the popularity of lotteries, some states – including Illinois, South Dakota, West Virginia, and Oregon – legalized video gambling machines. State governments, local municipalities, machine operators and business owners all share in
Video Gambling: A Good Bet for Your BSA Program? Read More »
We’re here to review your current compliance strategy and help you find A Better Way to manage risk.
