With the recent increase in the number of regulatory enforcement actions brought against financial institutions for Anti-Money Laundering laws and Bank Secrecy Act violations, financial institutions are on notice that they must monitor and identify suspected illegal activity. We stand ready to assist financial institutions in re-evaluating their AML compliance programs and reducing risk. Among other things, we conduct risk assessments of compliance programs, review policies and procedures, assist with strengthening and streamlining the Suspicious Activity Report (SARs) process, and provide training on AML and BSA requirements and best practices.
