December 10 2018

Here Are Some Troublesome Gray Areas of Beneficial Ownership Rule

Here Are Some Troublesome Gray Areas of Beneficial Ownership Rule

While the official threshold is 25% ownership, financial institutions are reminded that "there may be circumstances where a financial institution may determine that ... a lower threshold may be warranted." This is just one potential gray area that may plague financial institutions with the new beneficial ownership rule. There are others. [4/25/18]

Risk Watch 147: What Financial Institutions Can Learn from Rabobank’s Mistakes

Rabobank in California was hit with a $50 million fine for its Bank Secrecy Act and Anti-Money Laundering deficiencies. Ken Agle of AdvisX shares where Rabobank went wrong and what financial institutions can learn from its mistakes. Click here to watch now!

What is the AffirmX Platform?

Video What makes the patented AffirmX Risk Intel Platform different than anything else out there? Take the next 3 minutes to see what this revolutionary tool can do for your financial institution. Watch Video

About Risk InboX

Each day, teams of subject matter experts and analysts at AffirmX and AdvisX comb through dozens of resources to keep tabs on the latest developments in areas of risk. We share our findings here, along with a brief note about why each item matters.

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