Account takeover (ATO) fraud has historically been viewed as a predictable fraud typology driven by theft of credentials and largely […]
Author: Michele Friedrich
Innovation with Intention: Including Emerging Technologies in BSA/AML Policies
Financial institutions are operating in an environment where technological development is occurring at an unprecedented rate. The combination of advanced […]
FinCEN’s SAR FAQ Update: Clarity, Common Sense, and Compliance Reform
Recently, FinCEN published another piece of guidance for the industry outlining substantial updates to its Frequently Asked Questions (FAQs) regarding […]
Summer of Servicemembers: Recapping DOJ’s SCRA Activity
Over the course of this past summer, the United States Department of Justice (DOJ) pursued a steady docket of settlements […]
Debanking: A Compliance Tightrope
On August 7, 2025, President Trump issued Executive Order 14331, “Guaranteeing Fair Banking for All Americans” (EO14331)[1], which directed federal […]
Crunching the Numbers: Elevating Compliance Risk with Quantitative Intelligence
As the regulatory environment evolves, financial institutions are reassessing their approaches to compliance risk. The traditional reliance on qualitative narratives, […]
Under New Management: The Trump Administration Reshapes Federal Banking Supervision
With the recent confirmations of Michelle Bowman as Vice Chair for Supervision at the Board of Governors of the Federal […]
Efficiency as a Mandate: BSA Modernization and Its Implications for Financial Institutions
In mid-June 2025, Deputy Secretary of the Treasury Michael Faulkender delivered prepared remarks at the 62nd Bank Secrecy Act Advisory […]
Reconsideration of Value: A critical component of appraisal review
(Article originally published in ABA Risk and Compliance, May/June 2025) It’s not been news to anyone over the past few […]
How Chief Compliance Officers Can Juggle Priorities in a Sea of Change
Many Chief Compliance Officers have heard, or even said the phrase “If you think compliance is expensive, you should see […]