Never Forget

Writting Procedures, Independent Audits, System Testing

Our audit process is an in-depth review of all Anti-Money Laundering policies, procedures, review processes and record retention. As part of the audit we review the major procedures and conduct an overall analysis involving:

· Management Oversight and Internal Surveillance
· Document Retention
· Money Transfer Controls
· Suspicious Activity Reporting
· Account Opening and CIP
· Training
· Customer Activity Monitoring

As required under the USA Patriot Act, does your anti-money laundering program include:

(1) Policies and procedures that can be reasonably expected to detect and cause the reporting of suspicious transactions;
(2) Policies, procedures and internal controls reasonably designed to achieve compliance with the BSA and implementing regulations;
(3) Providing for independent testing for compliance;
(4) Designating an individual or individuals responsible for implementing and monitoring the day-to-day operations and internal controls of the program; and
(5) Providing ongoing training for appropriate personnel.

Call now to schedule an independent review of your AML compliance procedures (732)390-9902