Apr 3
Apr 3 ON SALE: Consumer Non-RE Loan Compliance

Our Consumer Non-RE Loan Compliance class is currently on sale in our store. This program is designed to inform attendees of the compliance requirements for non-real estate loans, such as auto loans, unsecured loans, and deposit secured loans. This half-day program would be a great way to bring your team members, including loan officers and processors, up to speed on the compliance elements for non-RE loans. To register for this program, go to www.compliancecohort.com/consumer-nonre-loan-compliance.

Apr 2
Apr 2 FDIC Updates its RMS Manual

Adam Witmer

Regulatory Update

In late March, the Federal Deposit Insurance Corporation (FDIC) made significant updates to its Risk Management Manual of Examination Policies. Notably, these revisions were implemented in Section 3.2, which focuses on Loans.

Apr 1
Apr 1 OFAC Issues Sanctions Advisory on Sham Transactions and Sanctions Evasion

Adam Witmer

BSA, Regulatory Update

On March 31, 2026, the OFAC issued a sanctions advisory to highlight sanctions risks arising from sham transactions used to evade sanctions and to identify factors to consider when evaluating whether property may be the subject of a sham transaction. Sham transactions occur when blocked individuals use intermediaries to falsely give up property to evade sanctions while still retaining an interest in it.

Apr 1
Apr 1 FDIC Releases Spring 2026 Consumer Compliance Supervisory Highlights

Adam Witmer

Regulatory Update

On March 31, 2026, the FDIC issued the 2026 edition of the Consumer Compliance Supervisory Highlights. The purpose of this publication is to enhance transparency regarding the FDIC’s consumer compliance supervisory activities and to provide a high-level overview of consumer compliance issues identified in 2022 through the FDIC’s supervision of state non-member banks and thrifts.

Apr 1
Apr 1 CFPB Announces Availability of 2025 Mortgage Lending HMDA Data

Adam Witmer

HMDA, Regulatory Update

On March 31, 2026, the CFPB announced that the HMDA Modified Loan Application Register (LAR) data for 2025 are now available on the FFIEC’s HMDA Platform for approximately 4,768 HMDA filers. The published data contain loan-level information filed by financial institutions and modified to protect consumer privacy.

Mar 31
Mar 31 FinCEN Issues Advisory on Health Care Fraud Schemes

Adam Witmer

Regulatory Update, BSA

On March 30, 2026, FinCEN issued an Advisory to urge financial institutions to be vigilant in identifying and reporting suspicious transactions potentially related to health care fraud schemes targeting Medicare, Medicaid, and other Federal and state health care benefit programs. The Advisory builds on Treasury’s work to combat the potentially billions of dollars in rampant health care and government benefits fraud in Minnesota and across the country.

Mar 31
Mar 31 FinCEN Proposes Rule to Pay Whistleblowers

Adam Witmer

BSA, Regulatory Update

On March 30, 2026, FinCEN issued a proposed rule to fully implement a whistleblower program by establishing a framework for offering incentives and protections to encourage individuals to report tips on fraud-related violations of the Bank Secrecy Act, U.S. sanctions programs administered by Treasury’s OFAC, and several other laws critical to safeguarding the U.S. financial system and national security. The proposed rule would implement section 6314 of the Anti-Money Laundering Act of 2020 and the Anti-Money Laundering Whistleblower Improvement Act.

Mar 29
Mar 29 NOW AVAILABLE: Board BSA Annual Update (Spring 2026)

Adam Witmer

Our new edition of the BSA Annual Update for the Board of Directors is now available in our store. This program is a video-based training program that is specifically designed to provide the Board and Sr. Management with a very quick overview of foundational BSA/AML training and training on changes and new developments in BSA/AML rules and regulations. This program is as short and to the point as possible, covering both a basic overview of BSA and an entire year’s worth of BSA activity. Our BSA Annual Update for the Board (Spring 2026) is an efficient way to show regulators that your Board (and Sr. Management) has satisfied training expectations found in the FFIEC BSA Exam manual, where it says the Board “should receive foundational training and be informed of changes and new developments in the BSA.” To learn more about this program, go to www.compliancecohort.com/bsa-annual-update-for-the-board.

Mar 25
Mar 25 NCUA Issues Eighth Round of Deregulation Proposals

Adam Witmer

Regulatory Update

On March 24, 2026, the NCUA announced its eighth round of proposed regulatory changes associated with NCUA’s Deregulation Project. The project is an ongoing review of NCUA’s regulations to ensure regulations are focused on credit unions’ safety, soundness, and resilience.

Mar 23
Mar 23 Treasury Imposes Sanctions on Global Network Funding Hizballah

Adam Witmer

Regulatory Update, BSA

On March 20, 2026, the OFAC designated a network of 16 individuals and entities led by Hizballah financier and former public investment official Alaa Hassan Hamieh. Alaa Hamieh manages a network of companies across several countries that launder and fundraise for Hizballah, helping to divert over $100 million since 2020, despite ongoing calls for the group's disarmament.