Expert Compliance Training by Bates Group

Is your Compliance Management System (CMS) audit-ready for an independent review? Discover the Practical Guide to CMS Reviews, your go-to resource for ensuring your system is resilient, effective, and review-ready. Our latest article offers two essential tools: ? A comprehensive checklist for review readiness, covering documents, oversight, training, and more. ? Proven strategies for long-term compliance success, including monitoring, auditing, and proactive management. Stay ahead of audits, enhance oversight, and drive compliance excellence. ???????? ?????????????????? ???? ???????? ???????????????? ???????????????????? ??????????????? ?????????????? ?????????? ?????????? ?????????? - ?????? ?????????????????????? ?????? ?????????? ???? ????????! ?? [https://hubs.li/Q0383VZ20] #ComplianceManagement #FinancialRegulations #RiskManagement #BatesGroup

?? Join the Bates Group team and take the next step in your career! ?? Plus, we’re proud to share that Bates Group was recognized as one of the top workplaces in 2024! ?? Director, B/D and RIA Regulatory Disputes Apply here: https://hubs.li/Q0384jw30 ?? Client Engagement Coordinator, Fintech & Banking Apply here: https://hubs.li/Q0383_KP0 Remote opportunities are available! Tag someone who might be interested or apply today! #BatesGroup #Remote #JobOpportunity

?? Banking as a Service (BaaS) is revolutionizing financial innovation, bridging traditional banks, MSBs, and crypto firms. But with innovation comes complexity. Are you ready to tackle the regulatory, financial, and reputational risks in this dynamic space? ?? Check out our latest article on a comprehensive risk management framework tailored for BaaS partnerships. Learn about the six pillars that can safeguard your organization from financial crime and ensure compliance. ?? Read more here: https://hubs.li/Q033y8gP0 #BankingInnovation #BaaS #RiskManagement #Compliance #Crypto #FinancialServices"

?? Navigating Compliance Hurdles as a BSA Officer ?? BSA Officers often walk a tightrope between regulatory compliance and institutional pressures. From communication breakdowns to resistance against risk management recommendations, the hurdles are real—but so are the solutions. ?? Read our latest article for actionable strategies to effectively manage risk and safeguard your career. ?? https://hubs.ly/Q032Wlck0 #BSACompliance #RiskManagement #FinancialServices

?? Regulatory Insights for 2025 ?? The CFPB’s latest semiannual rulemaking agenda brings key updates that fintech compliance officers can’t afford to miss. As the regulatory pendulum swings with the new administration, understanding these shifts is critical. Our latest article from Brandi Reynolds, CAMS-Audit, CCAS covers: - New overdraft rules and their impact on financial institutions. - Proposed restrictions on NSF fees for declined transactions. - Updates to remittance transfer disclosures. - Defining "larger participants" in digital payment applications. - Emerging regulations for data brokers and consumer data privacy. ???Gain actionable insights to stay ahead of the curve. Read the full breakdown now. https://shorturl.at/qXT7B #Fintech #Compliance #CFPB #RegulatoryUpdates

??Do you know what it takes to make your AML Program truly effective???? Read the new guide from Brandi Reynolds, CAMS-Audit, CCAS Full article at: https://shorturl.at/wdyNc

?? Calling All Financial Innovators! ?? Banking as a Service is reshaping finance—but are you prepared for the regulatory minefield? Our latest guide delivers: - 5 critical compliance strategies for banks - 5 game-changing tips for fintechs - Insights from recent regulatory enforcement actions Don't just survive the BaaS revolution. Lead it. Read now: https://hubs.li/Q02_Ytvc0 #BaaS #FinTech #Compliance #FinancialInnovation #BatesGroup

?? Attention Fintech Financial Crimes Officers! ?? Heading into 2025, Financial Crimes Officers are facing increasing pressure to demonstrate the effectiveness and risk management of their compliance programs. Our latest guide reveals how to turn KPIs and KRIs into strategic weapons for your AML program. Key Insights: - Transform raw data into actionable intelligence - Establish meaningful performance and risk metrics - Impress your board with sophisticated compliance reporting Read the full article: https://hubs.li/Q02-pRyd0 #FinTech #Compliance #RiskManagement #AML

?? Did you know... "Fines against non-sponsor banks are also more frequent. 18% of enforcement actions against non-sponsor banks included civil monetary penalties (CMPs), while only 13% of enforcement actions against banks involved in BaaS activities included fines." The lower value and frequency of CMPs targeting banks in the BaaS space reinforces the view that regulators emphasize remediation and corrective action to improve compliance, not simply penalize the industry." Do you want to hear more about Fintech Onboarding for BaaS Banks? Join us today 12 pm ET! ?? Save your seat here: https://lnkd.in/dtJCqtMT

In honor of all who have served, our office will be closed on Monday, November 11, 2024, in observance of Veterans Day. We will resume regular business hours on Tuesday, November 12th.