Compliance Question of the Week

What activities are considered “suspicious” when I’m considering whether or not to file a SAR?

CFPB Establishes Safe Harbor to Remittance Disclosures

In an amendment to Reg E, the CFPB concluded that institutions that conduct 100 or fewer remittance transfers per year—which includes roughly 80 percent of credit unions—should be exempt from remittance transfer requirements.

Third-Quarter Results Show Gradual Rebound in Japanese Auto Inventory

Autoland President Jeff Martin discusses how this year’s tragic earthquake in Japan impacted auto inventory, how quickly inventory is returning to normal, and how this affects credit unions.