BSA Compliance

Complying with the Bank Secrecy Act (BSA) is critical to the viability of your business. But finding the resources to implement an effective BSA 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 compliance  as well as compliance with Anti-Money Laundering (AML) legislation. 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 Compliance.

Understanding changes in BSA 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 compliance.

Add BSA 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 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 compliance services include:

BSA compliance audits. Our BSA compliance audits provide you with a complete assessment of your BSA 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 requirements.
  • Comply with Customer Identification Program requirements.
  • Comply with requirements for sharing information with the government.

BSA 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 Program Development/Enhancement. We can also provide help design and implement BSA 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 and AML programs and helped to implement improvements in existing plans.
View the case studies.