Bank Secrecy Act Experts

P&G Associates provides a broad range of expertise in all aspects of Bank Secrecy Act compliance. Our proactive methodology and cutting edge expertise have made P&G Associates widely recognized by regulators and clients alike as a leading provider of BSA and Anti-Money Laundering services.

We employ a staff of professional specialists with many years of dedicated service in the industry that will work with your institution to ensure an auditing experience that meets and surpasses your expectations.

Risk Based Independent Review

Bank Secrecy Act

P&G’s risk based independent reviews of BSA/AML programs are designed to meet your institution’s various needs:

  • Assignment of experienced personnel (all senior staff are ACAM certified) who not only understand the regulatory requirements, but know how they should be applied
  • Meet regulatory expectations and emerging emphases
  • Effectively evaluate your institution’s efforts to detect reportable transactions and the implementation of money laundering deterrence systems
  • Assess your institution’s risk-based Office of Foreign Asset Control (“OFAC”) program to evaluate whether it is appropriate for your OFAC risk
  • Assess the adequacy of your institution’s risk based Customer Enhanced Due Diligence
  • Use of automated tools to perform a detailed analysis of underlying transactions

Other Services

Consulting P&G Associates offers a variety of additional consulting services to benefit your institution:

  • Developing a comprehensive risk-based BSA/AML/CIP/OFAC program that includes a customized institution-wide risk assessment
  • Developing a program to risk-assess your customer database
  • Performance of Enhanced Due Diligence (“EDD”) on High-Risk Customers
  • Performance of BSA/AML review services for your institution’s Money Service Business (“MSB”) customers

Transactional Monitoring – “Look Back” review

P&G additionally provides a retroactive review of your institution’s customer transactional for suspected illegal or unusual activity. We coordinate the investigation process on all transactions that exceed the developed thresholds through the use of our proprietary Case Management System (“CMS”).

BSA/AML Software Validation

We additionally provide validation of the transactional data and parameters utilized within your institution’s BSA/AML software through a review of underlying transactions.

Outsourced BSA/AML Solutions

Our risk based Bank Secrecy Act/Anti-Money Laundering reviews and services are designed to meet the exact needs of your institution:

  • Experienced ACAM certified professionals
  • Full Scope Independent Reviews
  • Automated tools perform a detailed analysis of underlying transactions
  • Transactional Monitoring “Lookback” Reviews

To learn more, contact us at 1-877-651-1700 or click here to Request More Information.