The banks involved in the collaborative arrangement need to ensure that the shared resource conducting the BSA/AML independent testing is qualified and not involved in other BSA/AML functions at the ...

On Sept. 16, 2020, the U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) issued an Advance Notice of Proposed Rulemaking (ANPRM) to strengthen the national anti-money ...

In this program, the panel will analyze the key provisions and changes brought about by reform, offering practical strategies for compliance, as well as look at ongoing discussions on Capitol Hill ...

ATLANTA--(BUSINESS WIRE)--LemonadeLXP, the learning experience and digital adoption platform for financial institutions, has partnered with The Edcomm Group, a global provider of training solutions to ...

ALLENTOWN, Penn. – PPL Gold Credit union has signed with Edcomm Banker’s Academy to use the company’s Bank Secrecy Act and Anti Money Laundering online training for the next three years. Processing ...

Among the enforcement actions issued by the Treasury Department’s Office of the Comptroller of the Currency (OCC) in August, two banks were separately penalized for deficiencies in anti-money ...