Nightmare On Main Street

Bankdirector.com, By Charles Keenan, Quarter 1 2008

Since 9/11, regulatory agencies have ratcheted up the pressure each year to get banks to comply with the Bank Secrecy Act, severely punishing those that have failed to heed warnings on noncompliance, meting out memorandums of understanding, cease-and-desist orders, enforcement actions, and civil money penalties. Read More.