Our Services
Specialized BSA/AML compliance reviews tailored to the unique requirements of money services businesses and precious metal dealers.
Independent compliance reviews that regulators trust
Federal regulations require covered financial institutions to conduct independent testing of their BSA/AML compliance programs. Our reviews satisfy this requirement while providing genuine insight into the health of your program — not just a checkbox exercise.
Every review is scoped to your specific business model, risk profile, and regulatory environment. We examine your program as examiners would — and deliver findings that help you address gaps before they become problems.
BSA/AML Reviews for MSBs
Money Services Businesses face intense regulatory scrutiny under FinCEN, state regulators, and federal examiners. Whether you operate as a check casher, money transmitter, currency exchanger, or provider of prepaid access, your BSA compliance program must meet specific federal and state requirements.
Our MSB reviews evaluate every pillar of your compliance program against current regulatory expectations and enforcement trends. We test your controls in practice — not just on paper.
Schedule an MSB ReviewReview Scope
- BSA/AML compliance program structure and governance
- BSA/AML risk assessment methodology and documentation
- Customer identification & due diligence procedures
- Transaction monitoring and suspicious activity detection
- SAR & CTR filing accuracy and timeliness
- OFAC screening procedures and hit resolution
- Recordkeeping and information sharing (314a/314b)
- BSA/AML training program content and frequency
- Policies and procedures against current regulations
- Prior examination findings and corrective actions
BSA/AML Reviews for Dealers in Precious Metals
Dealers in precious metals, precious stones, or jewels are covered by the Bank Secrecy Act and must establish anti-money laundering programs under 31 CFR 1027. The regulatory landscape for PMDs has its own requirements that differ from traditional financial institutions.
Our PMD reviews assess your AML program against the specific obligations that apply to your business, including customer identification, recordkeeping, and suspicious activity reporting. We help you understand exactly what's expected and where your program stands.
Schedule a PMD ReviewReview Scope
- AML program requirements under 31 CFR 1027
- Designation of compliance officer
- Internal policies, procedures, and controls
- Customer identification and verification procedures
- Suspicious activity monitoring and SAR filing
- Recordkeeping for purchases and sales
- Form 8300 reporting obligations
- Risk assessment and risk-based controls
- Ongoing employee training program
- Independent testing program adequacy
What to expect when you work with us
Our process is designed to be thorough, transparent, and minimally disruptive to your day-to-day operations.
1. Initial Consultation
We discuss your business model, regulatory requirements, and any concerns. This helps us scope the review and set expectations for timing and deliverables.
2. Document Collection
We provide a clear document request list. You gather your policies, procedures, training records, transaction samples, and prior examination materials.
3. Fieldwork & Testing
We conduct a detailed examination of your compliance program, testing controls, sampling transactions, and assessing program effectiveness against regulatory standards.
4. Report & Debrief
You receive a comprehensive written report with findings rated by severity, practical remediation guidance, and a debrief meeting to discuss results and next steps.
Every review includes
- Written report documenting the scope, methodology, findings, and recommendations
- Risk-rated findings (high, medium, low) with clear remediation guidance
- Executive summary suitable for board or management reporting
- Transaction testing worksheets and sampling documentation
- Debrief meeting with compliance staff and/or management
- Follow-up support for questions about findings and remediation
Examiner-Ready Reports
Our reports are formatted and documented to the standards that state and federal examiners expect. When regulators ask for your independent test, you'll have a report that demonstrates thoroughness and professionalism.
No Surprises on Fees
We provide a clear engagement letter with a fixed fee before work begins. No hourly billing surprises. The scope, timeline, and cost are agreed upon upfront.
Let's discuss your review needs
Whether you're due for your annual independent test or preparing for an upcoming examination, we're here to help.
Schedule a Review