Blair Rugh

Chief Compliance Advisor

Blair is one of the preeminent experts on the United States banking laws and regulations, with more than 40 years of experience in commercial and investment banking.

He has authored compliance manuals recognized by the banking industry as the definitive treatise on banking law and regulations. His contributions to thought leadership in the industry include extensive experience as a speaker to bankers’ associations, and written numerous articles published in banking journals.

Blair’s background includes a Bachelor Science degree in chemical engineering from the University of Kansas as well as a Juris Doctor degree from Southern Methodist University.

Blair now serves as the Chief Compliance Consultant Advisor to the TriComply Services division of Temenos.

Latest articles from Blair Rugh

Stop Payment or Revocation of Authorization

November 14, 2018

Blair Rugh

Blair Rugh, Chief Compliance Advisor, explains how the processes have changed from stopping physical paper check payments vs. the electronic payments most make today.

Consumer Compliance Supervision Bulletin

August 8, 2018

Blair Rugh

The Federal Reserve has begun issuing a new publication titled, “Consumer Compliance Supervision Bulletin”. Its purpose is to alert banks and bankers about compliance violations that its examiners are seeing…

The Courts Always Have the Final Word

August 1, 2018

Blair Rugh

There were three interesting federal court decisions recently that give guidance beyond the court's holding.

Who Should Be Your Compliance Oﬃcer?

May 16, 2018

Blair Rugh

On several occasions I have had a community bank president tell me that for some reason the bank's compliance oﬃcer was leaving and ask my opinion about who should be hired to ﬁll the position.

Suggestions on How to Write a Procedure

February 7, 2018

Blair Rugh

In recent weeks we have expressed the importance of policies and procedures and given some advice on how to write a policy.

Vacation Time: Is it Mandatory?

July 27, 2016

Blair Rugh

It’s summer time, the kids are out of school and many families take their vacations.

The Bank Bribery Act

June 1, 2016

Blair Rugh

Sometimes, it seems like Congress and the regulators take all of the fun out of everything. A gift from a customer every now and then is just one of the…

Bank Secrecy Act: Suspicious Activity Reporting

February 24, 2016

Blair Rugh

I have been doing some work recently on suspicious activity reporting under the Bank Secrecy Act (“BSA”) and for me that always raises the issue of what is meant by “suspicious".

The Penalty If You Don’t Balance the Books

August 1, 2015

Blair Rugh

Make sure that there is nothing in your institution that a rogue examiner can sink his or her teeth into to avoid paying penalties.

CFPB Reports

August 1, 2015

Blair Rugh

The Consumer Financial Protection Bureau publishes a lot of reports. Most of them are not too interesting, but a few do have some interesting information. Recently, the CFPB published its…

Latest articles from Blair Rugh

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