Stop by Daily for What's Hot Right Now in Compliance & Risk for Credit Unions & Banks
$480 million Los Angeles bank ordered to strengthen defenses against money laundering and financial crime activities; TD Bank in Delaware was hits with a $37.5 million civil money penalty for failing to report suspicious activity; and a now-defunct bank in New Jersey was ordered to pay a $4 million civil money penalty for failing to properly monitor its relationship with currency exchange houses. [10/21]
Complaints: Why you shouldn’t shun them, but invite them! In this era of exploding complaint volume, this certificated webinar (see instructions in video for how to get your free certificate of completion) takes a look at the risks, evolution, and need for a management strategy to effectively deal with complaints. Before that, we cover what’s hot in compliance, as seen by the editors of Risk InboX. This week’s hot items: 1) HUD cancels Obama era Fair Housing rule; 2) “HMDA” for boards and management; and 3) CFPB has added a new dimension to its complaint database. Click here to watch now.
What makes the patented AffirmX Risk Intel Platform different than anything else out there? Take the next 3 minutes to see what this revolutionary tool can do for your financial institution. Watch Video