Non-bank financial institutions are subject to a wide range of regulatory requirements. The BSA’s AML/CFT requirements are only a small part of these compliance obligations. With a focus on AML/CFT services for a limited group of non-bank financial institutions (investment advisers {RIAs and ERAs}, mortgage brokers and lenders {RMLOs}, B/Ds, and precious metals and jewelry dealers), SIRS provides highly specialized and personalized services to our clients. We will act as your partner in establishing a reasonable, useable, AML/CFT program. As questions or issues arise, we will be continually available to address those situations with you via phone or email. SIRS will be your personal and highly specialized AML/CFT compliance consultant.
Since 2007, Securities Industry Records Services, LLC (SIRS) has been a leading provider of innovative and cost-effective regulatory compliance services. SIRS began by offering a limited service which addressed SEC recordkeeping requirements for broker/dealers. In 2012, SIRS expanded its service offerings to include AML services for broker/dealers, mortgage brokers and lenders, and other types of non-bank financial institutions. With the demand for these services, and within an ever-changing regulatory landscape, SIRS has continued to expand its AML/CFT service offerings. These services currently include AML/CFT risk assessments, written policies and procedures, training, and independent testing.
Since 1993, Mr. Klundt has been actively involved in the financial services industry. During this time, he has been registered with the New York Stock Exchange as an NYSE Compliance Official. He has also held the positions of Chief Compliance Officer and AML Compliance Officer with a FINRA-registered broker/dealer. Mr. Klundt is a Certified Anti-Money Laundering Specialist® (“CAMS”) and a member of the Association of Certified Anti-Money Laundering Specialists (“ACAMS”). He has a Master of Arts degree from Duquesne University (Pittsburgh, PA) and a Bachelor of Science degree from Brigham Young University (Provo, UT). He has passed multiple certification examinations and has participated in numerous industry-sponsored regulatory compliance and AML training programs.