One World Compliance
The global rise of cryptocurrency transactions has raised plenty of compliance and risk-assessment issues, particularly when it comes to money laundering concerns. Financial services firms that enter the crypto market face numerous regulatory hurdles, so it’s critical that they take all required precautions to control risk and comply with anti-money laundering (AML) requirements.
Implement anti-money laundering (AML) compliance programs to ensure regulatory compliance with the Bank Secrecy Act (BSA) and other requirements.
Inform your team regarding their specific AML expectations and changing compliance requirements, both externally and internally.
Stay fully compliant with AML obligations and improve their internal AML programs.