We have developed enduring knowledge of the Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) authorities in Federal and State Regulations, Bank Secrecy Act (BSA), Anti-Money Laundering (AML) Compliance and Monitoring.
These five regulatory compliance requirements, if ignored, considerable potential financial consequences:
Preserving regulatory compliance is a priority for us, more importantly, for financial services institutions. We understand the requirements necessary to adhere to state, federal, and international laws and regulations relevant to their operations and rules within finance and the capital markets ecosystem.
We utilize financial data exploitation tools in identifying, tracking, tracing money laundering and terrorist-financing networks in order to support civil and criminal AML and Countering the Financing of Terrorism investigations.
AML compliance monitoring and detection are a must-have for financial institutions in order to identify illicit activity, such as money laundering. Failure to have an effective AML compliance program has seen financial intelligence units hand out record fines in the multiples of millions of dollars against organizations.