Financial Crime Consulting.

A certified member of Anti-money laundry.

financial crime consulting

Areas of competency:

Basically, Know Your Customer (KYC) and Anti-Money Laundering (AML) – the execution of transactions to eventually convert illegally obtained money into legal money- regulations exist to limit or mitigate the impact of money laundering, terrorism funding, corruption, and other forms of financial crime. KYC and AML are mandatory for regulated entities deemed at high risk of facilitating financial crime. It is possible that your company/business comply with the rules, this does not mean that your partners and business associates adhere to the same AML compliance laws as you.

Detail knowledge of FCA, BSA, and OFAC Regulations:

OFAC regulates economic trade with foreign countries and administers the statutory economic trade sanctions and embargoes imposed on specific foreign countries based on foreign policy, national security concerns, or international treaty obligations.

The BSA provides a foundation to promote financial transparency and deter and detect those who seek to misuse the U.S. financial system to launder criminal proceeds, finance terrorist acts, or move funds for other illicit purposes. The BSA requires each bank to establish a BSA/AML compliance program.

● SAR Report Writing:

A Suspicious Activity Report (SAR) is a document that financial institutions, and those associated with their business, must file with the Financial Crimes Enforcement Network (FinCEN) whenever there is a suspected case of money laundering or fraud. These reports are tools to help monitor any activity within finance-related industries that is deemed out of the ordinary, a precursor of illegal activity, or might threaten public safety.

● Lexis Nexis, Pivot Table

● Alert Reviewer – CCD

● Deluxe/Remitco, AppEdit,

● DDIQ, ECCR, C-Link, Actimize, PCI-DSS

● Using intermediate functionality of Microsoft office

● PEPS, Negative News Research

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