The Federal Financial Institutions Examination Council (FFIEC) has released updates to the following sections of the Bank Secrecy Act (BSA)/Anti-Money Laundering Examination Manual.
The updates should not be interpreted as new instructions or increased focus on certain areas.
Instead, they offer further transparency into the examination process and support risk-focused examination work. You can read more here.
Details:
The updates should not be interpreted as new instructions or increased focus on certain areas; instead, they offer further transparency into the examination process and support risk-focused examination work. Details are available at here.
‘Compliance Hotline’
Your California and Nevada Credit Union Leagues-member benefits also include the Compliance Hotline — providing exclusive access to dedicated compliance experts! Contact the hotline anytime to gain access to a knowledgeable team that’s ready to address all your credit union’s compliance inquiries — promptly and efficiently:
With the Compliance Hotline, you can proactively respond to impromptu questions and issues by receiving clarity and insight on technical topics that normally slow you down. We want to help you unlock the full potential of your League membership by leveraging the resources and support you need to navigate the complex world of compliance effortlessly. We’re ALWAYS just a phone call or email away!
Additional League-Member Compliance Resources
More compliance resources and benefits of League membership include:
For more information or questions, email Leagues Vice President of Regulatory Advocacy and Compliance Lisa Quaranta.
Powered by ViClarity, a California and Nevada Credit Union Leagues company.
