February, 2024
-
What do you call your BSA Program? Moving from BSA to AML/CFT
Many examiners now use the term Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) instead of “BSA/AML” to reference this collection of laws and regulations, to align with the AML Act.
-
Accounting Considerations for Visa Class B Conversions
This blog was authored by my colleague Scott Klitsch, the managing principal of the financial services quality group. Update as of April 16, 2024: Visa has formally issued their Prospectus on April 8, 2024. Holders of Visa Class B-1 shares have until 11:59 pm New York City time on May 3, 2024, to tender their […]