Ballard Spahr LLP are most popular:
- within Insolvency/Bankruptcy/Re-Structuring, Strategy and Environment topic(s)
- with readers working within the Technology industries
FinCEN and the federal banking agencies have clarified that Suspicious Activity Report (SAR) confidentiality does not prevent banks from communicating with customers about the underlying transactions or conduct that prompted concern, including explaining certain fraud-related restrictions or account closures.
The September 2 joint statement from FinCEN, the Federal Reserve, FDIC, NCUA and OCC does not change the Bank Secrecy Act or impose new supervisory requirements. Instead, it clarifies what the agencies apparently believe has been a source of unnecessary…
Limit the amount of personal information you share on social media, such as your high school name or your mother’s maiden name, as these are frequently used as security question answers.