The trend in typical calls to our Regulatory Helpline shows a growing maturity in BSA/AML compliance. It is important to remember that the BSA/AML regulatory scheme is still relatively young; SAR filing for depository institutions has only been in place since 1996, and more recently for other industries. Nevertheless, we can see from the types of calls we get that compliance professionals are becoming more comfortable with the technical aspects of filing and are focusing more on how to work more effectively with law enforcement to help catch criminals. Again, to demonstrate the importance of reciprocal benefits, we present.
