Compliance

Compliance Events

AML/CFT Yearend Update

October 14, 2026 - October 15, 2026

Live-Streamed

The 2026 BSA AML/ CFT Brush-Up School is designed specifically for experienced BSA professionals who understand the basics and need an annual refresher on what has changed, what deserves renewed attention, and what practical steps institutions should take moving forward. Rather than rebuilding programs from the ground up, this session revisits core principles through the lens of today's regulatory and operational environment.

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Compliance Peer Group

October 16, 2026

UMB Bank, or Live-Streamed

The Compliance Peer Groups provide an opportunity for bankers to examine pressing issues constructively, exchange ideas, and share solutions among colleagues in a comfortable and professional environment. We will provide timely updates on various topics for you to take back to your bank.

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Bank Counsel & Regulatory Risk Conference

December 04, 2026

University Club of Chicago

The Bank Counsel & Regulatory Risk Conference is the most prestigious gathering of bank counsel and risk management professionals in Illinois. Join this conference to gain the insights and updates you need to navigate emerging legal and regulatory challenges through engaging presentations and materials. Whether you're a practicing attorney, in-house counsel, or a banker involved in risk, governance, or compliance - this is a must attend event!

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IBA Compliance Connection

Illinois bankers are constantly challenged with new laws, regulations, enforcement trends, and other pressing compliance concerns. The IBA is here to help! Your IBA membership includes access to members-only compliance resources, guidance on compliance inquiries, outstanding educational events and networking opportunities, a weekly compliance newsletter, and more!

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FinCEN Releases Report on Digital Asset Investment Scams. FinCEN has released a Financial Trend Analysis on digital asset investment scam patterns identified in Bank Secrecy Act data between 2023 and 2025. The report shows more than $12.7 billion in suspicious activity related to suspected digital asset investment scams. Read the announcement and report.

September 04, 2026

FinCEN Reissues Southwest Geographic Targeting Order. FinCEN has reissued a modified Geographic Targeting Order (GTO) to combat criminal activity along the southwest border of the United States. The GTO requires certain money services businesses to file Currency Transaction Reports with FinCEN for cash transactions between $1,000 and $10,000 occurring in specified counties and ZIP codes in Texas and New Mexico. This GTO is effective September 3, 2026, through March 1, 2027. Read the announcement, GTO, and FAQs.

September 04, 2026

Agencies Clarify SAR Confidentiality Requirements and Customer Communications. FinCEN has issued a statement clarifying that financial institutions may discuss the underlying facts, transactions, or documents related to a suspicious activity report (SAR) with customers and third parties — without revealing the existence of the SAR. The statement provides examples of typically allowable communications, such as warnings to customers who may be involved in a fraud scheme or notifying customers of the decision to close their account due to suspicious activity. Read the announcement, joint statement, OCC Bulletin 2026-43, Federal Reserve SR 26-5, and FDIC FIL-55-2026.

September 02, 2026

More Compliance News

Compliance Q&A

Are there any benefits to providing UTMA accounts versus minor savings accounts?

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IBA Compliance Connection – A Valuable Resource for IBA Members

4000+

Original IBA Q&As, together with relevant articles, court decisions, and more!

200+

Topic pages covering a broad spectrum of compliance matters, indexed by bank process and function, together with all relevant Illinois laws and federal regulations

1100+

IBA members have an exciting resource to help them — IBA Compliance Connection at GoToIBA.com — a free website for all employees of IBA member banks that will quickly become your “go to” source for Illinois banking compliance information, guidance and support — each and every day! Request access today!

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