Banking

/Banking

Broadleaf Group Banking Division Experts to Attend California Bankers Association Regulatory Compliance Conference

By | October 1st, 2015|Banking, Managed IT, News, Press Releases|

Banking Division of Broadleaf Group proud to be a part of the 37th Annual Regulatory Compliance Conference Tustin, CA (PRWEB) October 03, 2015 Broadleaf Group Banking Division experts to meet with members of the California Bankers Association at the 37th Annual Regulatory Compliance Conference in Rancho Mirage, CA from October 6-9, 2015. The conference gives [...]

Texas Bankers Association Conference Summary

By | May 22nd, 2015|Banking|

It was good to see everyone who attended the Texas Bankers Association in April. Balancing banking, business and technology while sampling locally brewed craft beers and munching on brisket tacos made for an enjoyable and informative few days spent in Austin. In recap, Thursday was spent conversing and listening to several notable speeches. There was [...]

The Broadleaf Group Banking Division Forms BSA/AML Roundtable 

By | December 29th, 2014|Banking|

The Broadleaf Group Banking Division plans the first quarterly Bank Secrecy Act/Anti-money Laundering (BSA/AML) Roundtable to address compliance challenges and solutions. It will take place on Tuesday, February 3rd, at the Richard Nixon Library in Yorba Linda, CA. For banking professionals looking for guidance from expert consultants and peers, this is a valuable opportunity to join [...]

4 Strategies for Developing Your Bank’s Pandemic Preparedness Plan 

By | December 16th, 2014|Banking|

Ebola Scare Should Prompt Review of Your Bank's Pandemic Preparedness Strategy Health scares like the Ebola virus saturate the news media with concerns about public safety, government response and medical community preparedness.  It brings attention to the need for banks to review the strategy in place should operations be compromised by an unforeseen pandemic. Pandemic [...]

2014 CBA Compliance Conference Highlights

By | October 21st, 2014|Banking|

It was great to see everyone at this year’s California Bankers Association Compliance Conference!   For those who couldn’t attend, we've summarized key topics highlighted in sessions.   If there is a particular session you’d like to hear more about, please feel free to contact us.   We’d be happy to share what we learned.  We can be [...]

9 Keys for Evaluating BSA/AML Efforts

By | August 12th, 2014|Banking|

Take a close look at your bank’s BSA/AML training  program to ensure staffing levels are sufficient to perform monitoring and investigation activities.  Training can be used proactively as part of an institution's internal controls. Here are 9 keys for evaluating your bank's efforts: 1. New Employees Provide training prior to hitting the trenches. 2. Wide Coverage  [...]

Action Plan to Maintain a Robust BSA/AML Compliance Program

By | August 12th, 2014|Banking|

It is imperative for banks and other financial institutions to develop and implement an action plan to address the heightened regulatory scrutiny and program risks. Below is an action plan to guide you. 1. Commit Sufficient Resources to Ensure a Strong Compliance Program An institution must be able to demonstrate to regulators that it has [...]

2014 Challenging Trends to Watch

By | August 7th, 2014|Banking|

Renewed Regulatory Focus 1. Failure by institutions to commit adequate resources to BSA/AML compliance programs, due to either cost-cutting measures or a failure to keep pace with an institution’s growth. 2. Risks posed by high-risk international financial activities, such as foreign correspondent banking, cross-border funds transfers, remote deposit capture, etc. 3. Failure by institutions to [...]

BSA/AML: Is your team ready and able?

By | August 7th, 2014|Banking|

BSA has been part of the audit/examination process for over three decades, but what role does training play? How critical is training? How do you audit that training is effective? --Written by: Delayne Townzen, BSA Industry Expert, BT Consultant In 2014, regulators are revisiting and looking more closely than ever before at BSA/AML measures to [...]

Banking Fast Fact: BSA/AML Penalties

By | August 7th, 2014|Banking|

>$3.2 Billion In 2012 - Regulatory agencies assessed fines and penalties against a number of institutions that exceeded $3.2 billion; the largest amount in BSA/AML penalties ever imposed over a one year period. Read "Assessing Inherent BSA/AML Risk at Community Banks," prepared by Community Banking Connections - a nationwide Federal Reserve System resource for community banks.  The [...]