Accredited Professionals for Your BSA and AML Compliance Needs
One of the main pillars of an effective Bank Secrecy Act (BSA) or Anti-Money Laundering (AML) compliance program is the requirement that the program be regularly tested by a knowledgeable, independent party. At PKM, our expertise in anti-money laundering regulations has established BSA and AML compliance as a key component of our firm’s risk advisory practice.
We work with dozens of financial institutions by providing them with independent BSA/AML audits. Our clients range from small institutions with non-complex BSA/AML profiles to larger organizations servicing countless money service business (MSB) clients. Our CAMS-certified professionals have extensive training and experience in BSA/AML audits. With PKM on your side, you earn a high degree of credibility with regulators when it matters most.
The BSA/AML Compliance Process
Our planning process incorporates establishing or reviewing your institution’s BSA/AML risk profile to help determine the scope of our testing with respect to your products, services and transactions. We stay abreast of current issues impacting the BSA/AML world, always testing your program against current and approaching regulatory requirements.
We know it’s not just about the BSA/AML audit – it’s about building a partnership that has your success in mind. When you work with PKM on a BSA/AML audit, you don’t get a firm that just checks the boxes. We go above and beyond to advise you on ways to make your BSA/AML compliance programs more effective, more efficient and more valuable to your institution’s operations in the long run.