Does anyone EVER read my SAR Reports?

One of the most important tasks that a Bank Secrecy Act (“BSA”) Officer has is to make the decision whether or not to file a suspicious activity report (“SAR”).   Many BSA Officers have had the experience of reviewing transactions, analyzing them for suspicious activity and then making the decision whether or the not the activity rises to the level [...]

CMS and Regulations: How It All Began

The Origins of Regulations and the First Compliance Management System - Part 1 Moses walked down the mountain. He held up the stone tablet and said – “Behold! The Ten Commandments laid out by God. Ye shall follow these absolutely."The elders looked at the tablet and one of them whispered to the others. “Great job security. We will be n [...]