Money services businesses aren’t our only expertise. At The Compliance Organization, we also provide exceptional consultative and support services directly to banks and credit unions. We are precise, thorough, and reasonably priced—and we care about making sure that your independent reviews are accurate and excellent, and your risk is minimized.

Annual BSA/AML Independent Review

Our independent reviews are done in accordance with the FFIEC’s BSA/AML Examination Manual and are carefully documented and reviewed directly with our clients to ensure our high standards of accuracy and exceptional quality.

MSB Portfolio Review

Your relationships with money services businesses can be profitable partnerships, but they are not without risk. We can help mitigate your risk by performing detailed MSB file reviews, analyzing system reporting and transaction logs, complete documented reviews of your account relationships, and offer targeted BSA training programs to any potentially high-risk customer groups.

MSB On-Site Visits

The Compliance Organization can help determine risk levels of current and potential new MSB clients by conducting an on-site visit, in addition to your enhanced due diligence (EDD) procedures, to conduct face-to-face interviews with employees, assess adherence to BSA/AML compliance policies, security of the facility, sophistication of POS software, and geographic risk assessment.

Consultation & Remediation

The Compliance Organization can assist you in correcting or preventing BSA compliance problems via several solutions, including: risk assessments, tailored compliance programs including OFAC, staff training, recommendations for BSA software solutions, CIF cleanup, transaction monitoring, CTR exemption and filing record review, SAR filing review and monitoring.

Director & Employee Training

We can help you and your employees better understand the risks, responsibilities, and benefits of BSA work. We’ve worked with banks, principal money transmitters, and check cashers and we have a deep, comprehensive view of the issues. Let us help you!