Complying with the Bank Secrecy Act and Anti-Money Laundering legislation (BSA/AML) is critical to the viability of your business. But finding the resources to implement an effective BSA/AML compliance program can be tough — especially when your staff is already burdened with other compliance tasks.
We can help. Global Atlantic Partners provides expert counsel on issues around BSA/AML compliance. When you lack the resources to evaluate the effectiveness of your program or to implement improvements, we have the people and expertise who can help you get it done.
GAIN ACCESS TO CRITICAL KNOWLEDGE IN BSA/AML COMPLIANCE.
Understanding changes in BSA/AML compliance requirements is crucial. Our consultants have a thorough insider’s knowledge of the regulatory environment. We provide invaluable insight to help you minimize the resources you must devote to BSA/AML compliance.
ADD BSA/AML COMPLIANCE EXPERTISE AND DEPTH TO YOUR TEAM.
When you work with us, you’ll have a senior level consultant dedicated to your project. We limit the number of clients we accept so we can provide maximal assistance to each. Our consultants have years of experience managing BSA/AML compliance programs for a wide variety of organizations.
LIGHTEN YOUR COMPLIANCE WORKLOAD WITH OUR HANDS-ON APPROACH.
Some consultants provide recommendations only, leave the burden of implementation up to you. Our BSA/AML consultants are ready when needed to assist you in implementing recommendations.
OUR BSA/AML COMPLIANCE SERVICES INCLUDE:
BSA/AML compliance audits. Our BSA/AML compliance audits provide you with a complete assessment of your BSA/AML program. A full audit meets the annual independent assessment required by the BSA and assists you in preparing for your next regulatory review. Our auditors will review and assess the policies, procedures, and processes you have implemented to:
- Comply with BSA/AML and OFAC requirements.
- Identify and report suspicious or unusual transactions in accordance with CTR and SAR filing requirements.
- Comply with record-keeping requirements.
- Identify high-risk customers and products.
- Train employees concerning BSA/AML requirements.
- Comply with Customer Identification Program requirements.
- Comply with requirements for sharing information with the government.
BSA/AML Compliance Training. Our consultants can help you:
- Design and implement training to satisfy BSA annual training requirements.
- Tailor training to the various business lines of your organization.
BSA/AML Program Development/Enhancement. We can also provide help design and implement BSA/AML compliance policy, procedures and program enhancements with minimal disruption to day-to-day operations.
BSA/AML Case Studies
We have helped to provide an independent assessment of the effectiveness of BSA/AML programs and helped to implement improvements in existing plans.
View the case studies.