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 BSA AML Services LLC

150 SE 2nd Ave, Suite 300, Miami, Florida, 33131, USA
+1 (305) 772-9712

Follow us on