3rd Party Independent Reviews For MSBs

Independent Reviews of an MSB’s Anti-Money Laundering/Bank Secrecy Act program are required by federal regulation.  This review is a comprehensive review and report of all aspects of an MSB’s operations.

An Independent Review will cover, at a minimum, the following:

Compliance

Policy & Procedures

Manual

Training

Documentation Retention

State Filings/Reports

Business Operations

Monitoring & Testing

Software Efficacy/Compliance

Forms & Archives

CTRs

SARs

RMSB

Interviews

Compliance Officer