In this course we will discuss how compliance regulations impact the commercial lending function at community banks. We will take a look at the rules your bank needs to follow to ensure your commercial lending function is compliant with flood insurance and BSA laws. We will also look at common application issues.
This course includes an examination.
- Explain how regulations impact the application process
o Regulation B: Joint Intent
o Regulation B: Commentary
o Common pitfalls
o Mantra for success
o Ensuring compliance
- BSA/AML and Commercial Lending
o Money laundering
o Suspicious activity
o Red flags for real estate lenders
o Inconsistent activity
o Avoiding the reporting and recordkeeping requirement
o Filing SARs