A Partnered Approach to AML/CFT Compliance

A Partnered Approach to AML/CFT Compliance

SIRS provides customized AML/CFT compliance programs for non-bank financial institutions. In addition to written policies and procedures, SIRS' comprehensive compliance services include AML/CFT training and independent testing. In providing these services, SIRS will work as your partner to help your company become fully compliant with AML/CFT regulations applicable to your business activities.

Our Services

31 CFR Chapter Xrequires each financial institution to develop and implement a written anti-money laundering/countering the financing of terrorism compliance program. At a minimum, the AML/CFT program must: Incorporate policies, procedures, and internal controls that include provisions for complying with the applicable requirements of the BSA; Designate an AML Compliance Officer; Provide for on-going training of employees; and Provide for independent testing of the firm's AML program. To address these regulatory requirements, SIRS offers comprehensive AML/CFT compliance services for many non-bank financial institutions (including investment advisers, securities broker/dealers, mortgage brokers & lenders, and precious metals/jewelry dealers).

Compliance Programs

SIRS has developed AML compliance programs for many of the non-bank financial institutions regulated by the BSA. Each of SIRS’ industry-specific AML compliance programs includes the written policies, procedures, and internal controls required by BSA regulations.

Training

SIRS Online Training™ courses address BSA/AML regulatory requirements for various business types (ex: MSB, broker/dealer, mortgage lender/broker, precious metals dealer, etc.). After completing each course, a training certificate is awarded. Priced at just $12, these courses offer a cost-effective AML training solution.

Independent Testing

Based on guidance provided by FinCEN, FFIEC, FATF and other regulatory authorities, SIRS' Independent AML Testing provides a comprehensive review of a firm's AML compliance program.

Electronic Delivery of AML Program Files

Using cloud server technology, a financial institution will upload its files to a secure, online file server. SIRS will then review these files to test the institution's AML program.

Who We Are

Who We Are

Since 2007, Securities Industry Records Services, LLC (SIRS) has been a premier provider of cost-effective regulatory compliance services for financial institutions. Specializing in AML/CFT compliance services, SIRS provides training, independent testing, and written policies and procedures (AML/CFT Programs) for many types of non-bank financial institutions. Read more...