As a Money Services Business, you are required to have an independent audit of your Anti-Money Laundering Program at least annually. But are you sure your Independent Reviews are meeting all of the required standards?
Under the Bank Secrecy Act, there are several details that might be missed if your accountant or an employee is conducting this required review.
Ineffective or incomplete Independent Reviews can result in problems with your bank and regulators. Not to mention, it may not identify problems in your business model so that you can timely address them.
Let us use our many years of experience and industry expertise, specifically in the high-risk MSB industry in South Florida, to help guide your business in the right direction. Find out more about how our Certified Anti-Money Laundering Associates can provide you with an Independent Review that meets your needs, and also complies with regulation.