Compliance Solutions for Banks

While the Financial Crimes Enforcement Network stated that banks are not the de facto regulators of MSBs, many bank examiners still think otherwise.

Assuring MSB account holders are in compliance

One of your biggest fears is that you have an account holder that’s a Money Service Business and doesn’t know it. Let us help you figure that out. Our staff has extensive experience auditing MSBs. As an agent of your bank, we can conduct on-site reviews, confirming your customers are following anti-money laundering, protection of consumer privacy, and Office of Foreign Assets Control compliance requirements. U.S. Advisory Services, Inc. employees can assess compliance documentation, examine transaction data, test employees, and provide a report of findings, all at your discretion. For greater detail about such audits, please visit Compliance Solutions Check Cashers.

Our staff is also willing to address other topics upon your request.

Please contact us for further details