Lessons from Law Enforcement Case Studies

Do your SARs make a difference? The answer FinCEN and Law Enforcement always give us, is “Yes, they do make a difference!” But what is the proof that they really do make a difference? Each year, FinCEN holds a Law Enforcement Awards ceremony to recognize those law enforcement agencies that made effective use of financial […]

Annual BSA/AML/OFAC Training

The USA PATRIOT Act, Section 352, describes the requirements for a BSA/AML/OFAC Program. The Fourth Pillar of an effective program is the training of all staff with The Bank Secrecy Act (BSA) responsibilities. As BSA Programs have evolved, financial institutions have determined that the best way to fulfill the requirement is to train all staff in the […]