2020 NCUA Supervisory Priorities

The NCUA released Letter to Credit Unions 20-CU-01, which highlights their supervisory and examination focus for 2020. Included in the supervisory priorities are: Bank Secrecy Act / Anti-Money Laundering (BSA/AML)  This is not a new priority and is focused on every year. Emphasis for 2020 will be on customer due diligence and beneficial ownership requirements, proper filing of SARs and … Read More

December’s Regulatory Recap

December’s Regulatory Recap is now available here.  If you have questions, please let us know. Law-Related Services Disclaimer. Please be advised, CSG provides financial services compliance audit and consulting services to our clients. The services that we provide include certain tasks that may be characterized as “law-related services” under Rule 5.7 of the Rules of Professional Conduct governing lawyers. Since … Read More