Tags » Compliance

Does the recent SCOTUS decision about overtime affect you?

On March 9, 2015 the Supreme Court reversed a ruling of the U.S. Court of Appeals for the D.C. Circuit that struck down a DOL administrative ruling regarding MLO overtime. 518 more words

HECM

The Morning After

Just as you should have a plan to rapidly recover your credit union operations in the event of a natural disaster, so too should you have a plan to rapidly get up and running in the event your credit union is victimized by a cyberattack. 284 more words

Regulatory

PayPal's $7.7 million fine is a boost to CompliTech

Last week, PayPal, the eBay owned online payment company, was fined $7.7 Million for 486 OFAC violations. And that was a reduced fine just for 2013. 481 more words

AML

Regulation for Signature Validation and Transaction Notarization

Pursuing the roadmap to simplify the administrative procedure in Vietnam, the Government recently issued Decree 23/2015/ND-CP (“Decree 23”) on 16 February, 2015. Decree 23 regulates, among others, the notarization of signature and transaction. 259 more words

LNT & Partners

IBM Billions of Records of PII Info Leaked in 2014

2014 has been nicknamed as ‘Year of the Data Breach’ as it has earned the distinction on the basis of quantity. A quarterly report released recently by security firm IBM X-Force Threat Intelligence reveals that no less than 1 billion records of personally identifiable information (PII) were disclosed during the year. 320 more words

SecureData