There is a robust international network working to prevent money laundering. It’s called the FATF (Financial Action Task Force). It has headquarter...

On March 2, 2025, the U.S. Treasury announced that US corporations are no longer required to file Beneficial Ownership Information (BOI) reports under...

 I just rewatched Jaws. Richard Dreyfuss cuts the belly of that Tiger Shark open and, reaching in to his elbow, pulls out a license plate, a beer can,...

MBA Risk Conference: An elephant in the room

As the MBA panelists concluded, after an hour of dissecting our country’s housing issues, the distinguis...

Wells Fargo – when aren’t they in the news?

In a world where financial crime is becoming increasingly sophisticated, banks must remain constantly vig...

You can't just check the box on generic AML compliance anymore. Here I comment on FinCEN's new proposed rule on BSA compliance.

Risk assessments are becoming increasingly crucial for mortgage lenders, especially with the latest FinCEN proposal that could soon mandate such pract...

Kabbage, a financial services company, is accused of profiting from fraudulent loans during the COVID-19 pandemic. According to the US Attorney’s stat...

In any business, particularly in the financial sector, the integrity of your team is paramount. However, external pressures can sometimes push employe...

In the world of Know Your Customer (KYC) protocols, the essence lies in building trust with your business allies—be they partners, counterparties, cor...

This course is tailored to mortgage lenders, credit unions and banks that make mortgage loans, to help you manage those duties. I created this course ...