AML Audit Services


AML Audit Services is a specialist provider of audit and independent testing of Anti-Money Laundering Compliance Programs designed for financial and non-financial institutions. Our industry experience and consultative approach provide for an unmatched level of precision and expertise. A proven track record of success and satisfied customers make AML Audit Services a trusted partner for your AML testing needs.


Successfully Managing Anti-Money Laundering
Compliance Risk


Regulatory efforts to fight money laundering and terrorism have changed the way financial institutions comply with AML compliance. Compliance regulations are rapidly changing and it is essential that you monitor your program closely. Your firm's future success depends on the strength of your AML Compliance Program.

Inset image

Compliance, both regulatory and best practice, can be a big challenge for many. Industry analysts indicate our world is expected to get more regulated, not less. We understand the compliance challenges you face, and our knowledge ensures the ongoing support you need to continue to operate ahead of the regulations. At AMLAS, we do more than just audit. We provide process improvement recommendations, compliance advice, and feedback based on interviews with personnel, a hands-on review of your risk and AML compliance practices, and insights from our work with peer firms.

Independent testing of your AML Compliance Program is only one of the demands placed on an institution, and likely one of the most important. Independent testing is crucial as it helps determine whether the AML Compliance Program functions as intended and it provides a chance to adjust, identify, and fix weaknesses. For most institutions, annual (on a calendar-year basis) independent testing for compliance must be conducted by personnel or by a “qualified” outside party. The institution must ensure that the AML independent testing of their firm is truly independent, accurate and thorough. Failure to do so may cost thousands in fines and/or implementation of additional burdensome AML compliance measures, not to mention possible reputational exposure.

 
The certified experts at AML Audit Services have practical, hands-on industry experience and provide you with a combination of technical expertise, industry best practices and objectivity. Our knowledge, skill and experience in the detection and prevention of money laundering help to promote the development and implementation of sound anti-money laundering policies.


Establishing an independent testing program designed to identify and address weaknesses in BSA/AML programs before they come to the attention of the regulators can assist firms in managing their reputational risk and regulatory standing.

 

From your institution's public image to your customers' confidence, independent testing of your AML Compliance Program conducted by AML Audit Services will provide you with peace of mind.

spacer