We get it: Staying compliant with anti-money laundering (AML) regulations and sanctions regulations requires a significant investment of your time and resources. But getting hit with a massive penalty for violations is much worse.
The Bank Secrecy Act. FINRA’s “Know Your Customer” rule. The USA PATRIOT Act.
Financial crime is governed by a web of complex regulations. And the ones that apply to banks and financial services companies can vary based on size, geography, lines of business, and other factors.
You want to stay on the good side of the regulators. And you also need to keep your money from funding criminal activity or going into organizations that threaten global peace and commerce.
Independent testing from Crowe can help you figure out if your AML, fraud, and sanctions programs work the way they should and meet requirements of key regulations.
Trying to work through new regulations or address a regulatory action on your own can put unsustainable pressure on your AML testing team.
Dealing with these challenges takes more than determination. It requires an approach that’s informed by deep expertise and powered by technology.
Our testing gauges your current level of compliance with AML and sanctions regulations efficiently and thoroughly. In the process, we identify possible issues you might have overlooked.
We also leverage our technical expertise to provide workable suggestions for improvement and recommendations for corrective actions.
You can benefit from our extensive experience with testing AML and sanctions compliance – and from our deep regulatory knowledge.
We dig deep into these regulations, studying them closely so that we understand all the requirements and how to comply with them.
We also carefully monitor changes to existing rules and guidance, and we’re able to adjust our approach accordingly.
Get exactly what you need, when you need it.
You want independent testing for AML, fraud, and sanctions compliance that is:
We provide testing services to many organizations each year, ranging from fintech startups to global banks. See why 100% of our surveyed financial crime clients said they’d recommend us to a colleague.
Our latest thinking
Bring Analytics and Context to Your Financial Crime Program
Application of Analytical Context in Financial Crime
AML Program Innovation, Now and Tomorrow
NICE Actimize and Crowe Announce Strategic Collaboration