Lessons Learned – Recent Deposit Compliance Enforcement Actions Webinar Recording


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This two-hour on-demand session examines recent deposit enforcement actions, the costs or penalties imposed, and the steps required to remedy the problems. Designed to help you learn from other’s mistakes, this session illustrates how to maintain compliance in the areas being targeted by regulators.

We discuss recent enforcement actions, common violations, and/or potential errors, related to:

  • Electronic Funds Transfer
  • Unfair, Deceptive, and Abusive Practices
  • Bank Secrecy Act
  • OFAC
  • Misleading FDIC Insurance representations
  • BaaS / FinTech Partnership

Every month the federal financial institution regulatory agencies publish lists of enforcement actions taken against financial institutions. Enforcement actions can include civil monetary penalties, consent decrees and cease and desist orders, to name a few.

Every enforcement action tells a story of a failure to comply, and the steps required to remedy the situation. Every enforcement action is a lesson to be learned by other financial institutions. The measures taken to cure problems in one institution are the steps other institutions can take to avoid the problem entirely.


The recording is designed for Deposit Operations, Compliance Officers, Auditors, Management, and others with responsibilities related to opening, maintaining, and servicing deposit related accounts and products.