Current Topics:

Anti-Money Laundering Program

Residential Mortgage Lenders and Originators (RMLOs) are now required to establish an Anti-Money Laundering Program (AML Program) and file Suspicious Activity Reports (SARs), as FinCEN requires of other types of financial institutions. AML Experts has developed a cost effective compliance package for RMLOs which includes custom tailored AML policies and procedures and training.  We also provide independent review services designed specifically for RMLOs.

Bank Secrecy Act

The Financial Crimes Enforcement Network (FinCEN), as the agency primarily responsible for administering the Bank Secrecy Act, issued a Statement to reiterate expectations regarding banking institutions obligations under the Bank Secrecy Act for money services businesses.

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December 2013 Advisory On FATF-identified Jurisdictions With AML-CFT Deficiencies

The Financial Action Task Force (FATF) updated its list of jurisdictions with strategic AML/CFT deficiencies. These changes may affect U.S. financial institutions obligations and risk-based approaches with respect to relevant jurisdictions.

> View FinCEN Article:Advisory on the FATF-Identified Jurisdictions with AML/CFT Deficiencies

Bitcoin Primer

The Mercatus Center at George Mason University has published an excellent paper for regulators, policymakers and financial institutions trying to understand the potential AML compliance challenges of Bitcoins.

> View Mercatus Article:BITCOIN A Primer for Policymakers

Financial Institutions are Desperate For Qualified Compliance Professionals

AML Experts can assist your institution with identifying qualified AML candidates for compliance positions.

> View Reuters Article:Wall Street hot hire: anti-money laundering compliance officers

Conferences & Events:

November 2016, IMTC Asia 2016, TBA

Connie Fenchel will host a one-day intensive and highly practical Money Transmitter Compliance Certification Course.
> Learn More