About Us

About Us

ABOUT US

AML COMPLIANCE CORPORATION was founded in 2004 with headquarters in Miami Florida specialized in the complying with the Prevention of Anti Money Laundering and Bank Secrecy Act -BSA laws, also Certified Anti Money Specialist CAMS. Furthermore, the company carried a Professional Liability Insurance, E & O for $ 1,000, 000.00 .

AML COMPLIANCE CORPORATION is a consulting firm for financial services industry and enable financial institutions to cut cost, respond rapidly to market needs, enhance customer service levels, and mitigate risk, through its suite of proven products and services

Our mission is to provide high quality, fast, reliable, and specialized services to Money Service Businesses (MSBs) in complying with all Bank Secrecy Act/Anti Money Laundering (BSA/AML) State and Federal regulations so you can focus on business growth.  Furthermore, we strive to individualize each compliance program based on the services offered for each customer.

Satisfied customers include Check Cashers, Money Transmitters, Foreign Exchanges Houses, Agents or branch office of MSBs, Overseas brokers dealers (OBDs) and due diligences of correspondents or payees in foreign countries.

Because most of our member are (CAMS) Certified Anti Money Laundering Specialist expert in the MSB Industry and with a accumulative combined experience of more than 20 years with Money Transmitter, Foreign Currency Exchange, “Casa de cambio”, Check Casher, Correspondents / Payeers, and Banks, we can offer a wide variety of training programs, from the basic BSA concepts, all the way to hands-on enhanced due diligences, operation or developing of software for compliance matters and dealing with regulations and regulators.

We are expert in the MSB Industry and have extensive experience in:

  • OFAC REGULATION
  • OFAC CUBA SANCTIONS PROGRAM
  • IDENTIFYING RISK
  • DEVELOPING EFFECTIVE COMPLIANCE PROGRAMS
  • CONDUCTING INDEPENDENT REVIEWS
  • ADDRESSING FINANCIAL REPORTING AND OTHER OPERATING REQUIREMENTS
  • CONDUCTING DUE DILIGENCE FOR AGENCY AND FOREIGN COUNTERPARTY RELATIONSHIPS
  • CONSULTING FOR THE DEVELOPING OF SOFTWARE – COMPLIANCE MATTERS
  • DEALING WITH REGULATIONS AND REGULATORS
  • TRAINING (ENGLISH OR IN SPANISH)
  • ASSISTING IN ALL REGULATORY COMPLIANCE NEEDS

AML COMPLIANCE CORPORATION ‘s services serve to keep financial institutions of all sizes on the forefront of compliance requirements. Knowledge-based services empower the executives and managers of a company to manage risk exposure, monitor business activities, maximize business profits, optimize workflow, and analyze business problems. Since each client is monitored from hundreds of dimensions, AML COMPLIANCE CORPORATION detects suspicious activities with a much higher resolutions and more accurate result than traditional methods.

About Our Associates

Jose "Tony" Varona

Jose “Tony” Varona, with almost 35 years of business experience in Latin America, Varona leads AML ComplianceCorporation’s growth and development as its co-founder and President.

Prior to starting AML Compliance, Varona’s accomplishments include his work as Exporter introducing products trough Central and South America where opened international commercial ventures between the two regions. In 2004, Varona decided to apply his several decades of business expertise to enter the field of Anti Money Laundering, well known from the Export business, where there was a need for transactions to improve efficiencies with the highest level of compliance and transparency in the industry.

With the experience gained in the Export regarding the Anti Money Laundering and their stages, decide to pursue this field becoming a Certified Anti Money Laundering Specialist (CAMS) and member of the Association of Anti Money Laundering Specialist (ACAMS) to develop services within the Financial Institutions and related fields, such as Money Transmitters and Check Cashers. These services included implementation of Compliance Policies in the AML field for customer, training course for employees and operators, developed of BSA Compliance Manual as well as consulting for the MSB Industry. Becoming a problem solving.

Also, as General Director in charge of acquisitions of new accounts, maintained and reactivated existing accounts, Varona Developed ongoing customer relations enhancing future services ensuring proper and timely filling of reports and requirements supporting the customer to compliance in this way with Federal Regulation including BSA / AML / CIP / KYC / CTR / SAR / OFAC  and State Regulations among others.

Besides the extensive success in his business endeavors, Varona has also demonstrated his responsibility and strong commitment to social responsibility due to his concern in serving the small and medium sizes companies for whom does not exist affordable services in the Anti Money Laundering field.

 

Jenny E. Varona

Jenny E. Varona‘s Leads AML Compliance Corporation growth and development as its co-founder and Vice – President. Ms. Varona experience in the private sector has been varied.  Her first years since 1996 were as administrator and supervisor at Private Companies. For the last five years Ms. Varona was the Anti Money Laundering Compliance Supervisor for MSB including a money services business (Money Transmitter) based in Miami, Florida with more than 150 agencies. Also, Ms. Varona provided: training, analysis of accounts, and review of medium size Check cashers. Developing services within the Financial Institutions and related fields, such as Money Transmitters and Check Cashers and with the experience and knowledge gained in the Anti Money Laundering field and their stages, Ms. Varona decides to pursue this field becoming a Certified Anti Money Laundering Specialist (CAMS) since 2004 and member of the Association of Anti Money Laundering Specialist (ACAMS) where remains active until today.

Since 2002, Ms.Varona had accumulated extensive experience and knowledge in the Customer Service related to the Anti Money Laundering Compliance area, became a problem solving. Also, as BSA/AML Compliance Supervisor of Money Transmitters and check casher she developed customized Policies enhancing the AML services ensuring proper and timely filling of reports and requirements. Ms. Varona have a vast experience perform compliance investigative assignments related to regulatory initiatives pursuant to the Bank Secrecy Act (BSA), USA Patriot Act, Office of Foreign Assets Control (OFAC), Money Laundering, Suspicious Activity Report (SAR) and High Risk Activities, including the preparation of documents necessary to comply with state and federal regulatory requirements for money transmitters and MSBs including quarterly reports and request and updated of licensees. Also, perform training to employees and agencies related to  BSA / AML / CIP / KYC / CTR / SAR / OFAC / OFR-State Regulations, implementation of Compliance Policies in the AML field for customer, training course for employees,  operators and agencies, developed of BSA Compliance, BSA risk management,  as well as AML compliance Manual for check casher and money transmitter among other matters. Ms. Varona had dedicated, focused and strong attention to detail, strong organizational skills, initiative and ability to prioritize tasks required, self-starter and ability to multi-task , due to her investigative nature, strong communication skills and one of the most important a team player that included a plus as a result of her  experience with MSB, Money Transmitters and Check cashers. Besides the extensive success, Ms. Varona has also demonstrated his responsibility and strong commitment to social responsibility due to her concern in serving the small and median companies for whom there are not companies with her experience given affordable services in the Anti Money Laundering field.

 

amiberpic2Amiber Cossio is a Computer System Technology and Compliance Assistant with excellent communication skills. She had acquired a vast knowledge and expertise on the documentation necessary to make transactions to the different countries according the USA Patriot Act/BSA/State Regulation and OFAC amount other issues 2006 years working as AML Compliance Assistant for one of the leading Money Transmitter in Florida.

She had the ability to search suspicious activities and unusual operations between transactions everyday. She fills out the CTR for transactions greatest US$ 10,000 as well as SAR. Her capability in the customer services area able her to answers customer questions, and complains related to AML/BSA department. Furthermore, her computer skill allow her to created reports easily  consulting information in database in order to analyze transaction as well as  handle virtual files.

Ms. Cossio is responsible for the authorizations of transactions which require a previous analysis based on government regulations,  correspondent-payer companies’ policies or Money Transmitter’s policies. Ms. Cossio has an integral education, which allows she to interact in business between different countries, cultures and economies meeting international productivity and competitive standards on the anti-money laundering area on Money Service Businesses.

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Evelyn Molina is graduated from I.U.FRONT at Venezuela University as T.S.U Mention Accounting. Her expertise in accounting, administration and AML Compliance had become from her experience working at private companies and Public institutions where for more than 14 years she had being working as bookkeeper, accountant assistant, and Compliance assistant.

Ms. Molina had a vast experience on: OFAC regulations, good knowledge on required documentation on each one of the cases which are covered on the BSA, counts with the ability to easily identify the different documents from foreign countries. With an international point of view, her education enables her to interact in business between different countries, cultures and economies meeting international productivity and competitive standards on the anti-money laundering area on Money Service Businesses/MSBs.

Ms. Molina is and BSA/AML compliance analyst focused on anti-money laundering, proactive, self started, with leadership capabilities and good interpersonal relations, able to apply administrative functions such as: planning, organizing, direction, analysis control and to solve legal compliance matters for the optimum use of resources and to achieve the organization’s objectives and goals.

Our customers have peace of mind knowing their businesses are safe in the ever-changing Anti-Money-Laundering regulatory environment.

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