WE OFFER YOU THE BEST SOLUTIONS FOR THE MONEY SERVICES BUSINESS
AML COMPLIANCE CORPORATION services help keep financial institutions of all sizes at the forefront of compliance requirements. Knowledge-based services train executives and managers of a company to manage risk exposure, monitor business activities, maximize business benefits, optimize workflow and analyze business problems. As each client is monitored from hundreds of dimensions, AML COMPLIANCE CORPORATION detects suspicious activities with much higher resolutions and more accurate results than traditional methods.
Independent Reviews
AML Compliance review is conducted pursuant to the applicable regulatory requirements and following the recommendation from FDIC Bank Secrecy Act, Anti- Money Laundering Examination Manual for MSBs and the FinCEN Guidance 2006-G012 on Conducting Independent Reviews on MSB.
BSA/AML Compliance Program and Policies
Development of policies and procedures in accordance with the services provided to customer and market, based on the applicable regulations in accordance with FinCEN, OFAC, Federal Deposit Insurance Corporation (FDIC), and OFR Florida State Regulations.
BSA/AML Consulting and Remediation on projects
If your company is in the process or under Financial Crimes Enforcement Network (FinCEN) or State examination, or if your company received a fine, we can help you during the process, providing tools for mitigating any issue arising from the examination.
Training (English or Spanish)
Training BSA/AML, including applicable Florida State Regulations in accordance with the Office of Financial Regulations, related to MSB, including Check Cashing, Money Transmitters, Dealers in Precious Metals, Deferred Payments Provider and Foreign Currency Exchange.
More About Our Services
AML COMPLIANCE CORPORATION has created a detailed service that cover all that matter regarding MSBs business which is monitored by a Specialist assigned to each account.
If your company is in the process or under FinCEN or State examination, or if your company received a fine, we can help you during the process, providing tools for mitigating any issue arising from the examination.
Filing reports required in accordance with the State of Florida Regulations, FinCEN, using the BSA E-filing and the OFR Real System.
Opting for the license or registration as an MSB, including check cashers, money transmitters, foreign currency exchangers. Registration, renewals, re-registration with FinCEN.
If your company is under the Bank Institution examination or if your account is being closed, we can help you to mitigate that risk.
Development of your MSB risk assessment in accordance with the services provided to customer and the market.
For companies that are lacking the necessary resources to assure an effective compliance program is in place, we can bridge the gap by providing the expertise and personnel to get it done.
For companies that are lacking the necessary resources or wish to decrease the cost associate with the BSA/AML Compliance, we help you to assure an effective compliance program is in place, since we can bridge the gap by providing the expertise and personnel to get it done.
Daily, monthly, quarterly review on transactions and operations for detecting any suspicious activity as well as any pattern that required the filing of a suspicious activity report (SAR) or currency transaction report (CTR), as well as preparation and completion of the forms; finalizing the process with the filing under BSA E-Filing.
Initial and ongoing due diligence on your customer or related parties for assurance with the compliance of policies and applicable regulations.