AML Audit

ComplianceAid provides Independent testing of Anti-Money Laundering Compliance Programs designed for the financial institutions and Designated Non-Financial Businesses and Professions (DNFBPs). ComplianceAid proven track record of success and satisfied clientele make it a trusted partner for your AML/BSA/OFAC Independent Audit needs.Our Subject Matter Experts (SME) team comprises of former SEC/FINRA regulator, Certified Public Accountant (CPA), Certified Management Accountant (CMA), Certified Fraud Examiners (CFE), Certified Regulatory Compliance Managers (CRCM), Certified Anti-Money Laundering & Financial Crimes (CAMLFC), Certified Anti-Money Laundering Specialist (CAMS) Expert Witness and Attorneys.

ComplianceAid AML Independent Audit Program includes but not limited to:

A complete review of your business’s AML/CTF compliance program
Analysis of specific country regulatory requirements
Evaluation of AML training programs
Testing of policy and procedures
Transactional testing and evaluation
Assessment of the functions and responsibilities of the institution’s compliance officer
Customer Due Diligence, “Know Your Customer” (KYC) including source of wealth, risk-based and customer identification program (initial and on-going)
Assessment of an adequate risk assessment of products, services, customer base, and geographic location
Monitoring and escalation process for suspicious activity reporting, including parameters for alert system
Business compliance with sanctioned territories, individuals and escalation procedures
Business compliance with politically exposed persons and beneficial owners
Review of past aml audit reports to assess the effectiveness of implemented changes

ComplianceAid AML Independent Audit Program includes but not limited to:

ComplianceAid BSA AML Services LLC

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ComplianceAid AML Independent Audit Program includes but not limited to:

ComplianceAid BSA AML Services LLC

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