This presentation will provide the practical steps to enable your institution to meet both the letter and spirit of the law and regulation. Learning from real-world audit issues, the presentation will cover what many banks are doing incorrectly and what they should be doing instead.
Ongoing high risk customer reviews has been a requirement since the first FinCEN Exam Manual was published in 2005. The recent guidance for Customer Due Diligence/Enhanced Due Diligence (CDD/EDD) further defines the expected approach for institutions to properly identify and evaluate high risk customers. The regulators have not, however, detailed the day-to-day approach required to meet this required customer monitoring.
Ongoing high risk customer reviews has been a requirement since the first FinCEN Exam Manual was published in 2005. The recent guidance for Customer Due Diligence/Enhanced Due Diligence (CDD/EDD) further defines the expected approach for institutions to properly identify and evaluate high risk customers. The regulators have not, however, detailed the day-to-day approach required to meet this required customer monitoring.
Thomas Nollner
Thomas E Nollner has more than 35 years of experience in financial institution supervision and consulting. Mr. Nollner spent 30 years as a National Bank Examiner for the Comptroller of the Currency where he was a safety and soundness examiner and a compliance examiner. As a safety and soundness examiner he examined national banks for capital adequacy, asset quality, management issues, earnings concerns, and liquidity funding. As a compliance examiner, he examined national banks for compliance with consumer laws and regulations such as the Truth-in-Lending Act, the Real Estate Settlement Procedures Act, the Flood Disaster Protection Act, the Community Reinvestment …
2-Hour Virtual Seminar on DeepSeek R1 for Business and Mark…
The Anti-Kickback Statute: Enforcement and Recent Updates
Navigating FDA Inspections: From SOP to 483
2025 EEOC & Employers: Investigating Claims of Harassment …
Risk Analysis in the Medical Device Design Process
AI Across the Business: Practical Use Cases for Founders an…
Introduction to Microsoft Power BI Dashboards
How To Get Control of Your Day, Life & Career - Time Manage…
Writing Effective 483 and Warning Letter Responses
FDA Recommendations for Artificial Intelligence/Machine Lea…
Female to Female Hostility @Workplace: All you Need to Know
6-Hour Virtual Seminar on Learning the Highlights of Excel …
Leadership: Strategic Planning and Decision Making
Writing Techniques for Auditors and Risk Management Profess…
Language is Code - Intro to AI - Generative AI - ChatGPT an…
Gossip-Free: Leadership Techniques to Quell Office Chatter
Do's and Don'ts of Giving Effective Feedback for Performanc…
4-Hour Virtual Seminar on Audit Proofing your Payroll Opera…
Do's and Don'ts of Documenting Employee Behaviour, Performa…
Retention Starts Here: Stop Losing Your Critical Talent and…
Practice Safe Stress ™: Preventing Burnout While Building R…
Understanding EBITDA – Definition, Formula & Calculation
2-Hour Virtual Seminar on DeepSeek vs ChatGPT AI for CPAs a…
Thriving in a Hybrid Workplace: Keys to Leadership and Team…
Construction Lending And Real Credit Administration: Evalua…
How the OBBB Act will Impact Immigration Enforcement! Preve…
2-Hour Virtual Seminar on Outlook - Timesaving Tips and Tri…
Leadership Upskilling: Don’t Just Manage; Lead with Influen…
H-1B Visa Updates and Employer Strategies for 2026
Aligning Your HR Strategy with Your Business Strategy: A Ro…
HIPAA 2025 – Major Changes, Latest Rulings & Guidance
Excel Power Skills: Master Functions, Formulas, and Macros …