360factor Blog
Managing FATCA Compliance Processes Through Software Automation
As many Bank Compliance Officers know, the Foreign Account Tax Compliance Act (“FATCA”), which went into effect on July 1, 2014, and was intended to reduce levels of tax avoidance by citizens of the U.S. and entities via foreign f...
How can you Avoid Regulatory Fines with a Dynamic DMS?
For failing to report approximately 3.5M transactions, plus an additional 121, 387 transactions from 2007-2014, a high-level investment management group was fined by the Financial Conduct Authority upwards of $20M in 2015. The group ...
Three Areas of Impact for a Robust Compliance Management System
Unpredictable and a constantly shifting regulatory climate is the new norm, and banks and other financial institutions need to prove strict compliance on all fronts at any time. More and more, regulators are cracking down on these ins...
Four Areas of Impact for a Robust AML Management System
Settlement cases amounting to over $500,000 for violations of the Bank Secrecy Act should serve as a reminder that anti-money laundering woes plague banks of all sizes. Hefty penalties for sanctions violations linked to illegal transa...
360factors attends 131st Annual Texas Bankers Association (TBA) Convention
On April 15-17, 360factors attended the TBA Convention at the JWMarriott in Austin, TX. As new members of the TBA, we enjoyed meeting with fellow members and Texas bankers. During the event, we heard from many interesting speakers...
Join 360factors at the 2015 Texas Bankers Association Annual Convention in Austin
360factors will be attending the 131st Texas Bankers Association (TBA) Annual Convention and Exposition in Austin, Texas on 15-17 April. There will be a number of skilled banking and compliance specialists speaking on such topics a...
