Bank Secrecy Act (BSA)/Anti-Money Laundering (AML)
We can help assure your institution’s process for identifying and reporting suspicious activity is accurate, effective and timely. Our BSA/AML Team is comprised of experienced professionals who will assure this critical control structure is up to standards for your Board of Directors (BOD), Senior Management, and Regulatory Agencies.
Our services and Independent Reviews include:
- BSA/AML: We can help conduct an independent evaluation of the Bank’s performance with the recordkeeping, reporting, and anti-money laundering responsibilities established under the Bank Secrecy Act/Anti-Money Laundering (BSA/AML) regulations, as well as related regulations established by the Office of Foreign Assets Control (OFAC).
- System Validation: We can help validate the programming of the automated transaction monitoring system used for suspicious activity monitoring and reporting purposes.
- Look-Back Experts: We can help as a qualified and independent party assists your financial institution to ensure all suspicious activity involving any accounts or transactions through the Bank were properly identified and reported in accordance with all applicable BSA reporting requirements (“Look-Back Review”).
- Forensics: We can help perform the due diligence assessment of traditional and non-traditional acquisitions as well as sensitive investigations such as internal and external fraud.