Rule: 31C.F.R. / 103.120; FinCEN Rule 3310

Testing of the firm’s AML program must be performed at least annually (on a calendar year basis). Qualifications of the independent third party tester must insure they have a working knowledge of applicable requirements under BSA and its implementing regulations.

Testing will include:

1. Evaluation of the firm’s overall integrity and effectiveness of their AML compliance program.

2. Evaluation of the firm’s procedures for BSA reporting and record keeping requirements

3. Evaluation of the implementation and maintenance of the firm’s CIP (customer identification program)

4. Evaluation of the firm’s system for reporting suspicious activity

5. Evaluation of the firm’s systems for identifying suspicious activity and customer due diligence

6. Evaluation of the firm’s staff training procedures.

7. Evaluation of the firm’s response to previously identified deficiencies, if any.

We Simplify The Process

Anti-Money Laundering programs should be performed annually. Our team is here to make this process easier on you and your business. To get started, we will need a 15-30 minute phone call with you to complete the interview and certification process. We recommend that you book this appointment early as time slots fill up quickly. We will do our best to accommodate your preferred contact person and meeting time. Order your audit for $350.

To order and schedule your company’s audit now, call Majestic Security, LLC in Mason, OH, today at 513-259-1312.