AML Compliance Services

Williams McGuire AML Inc. designs and evaluates programs for anti-money laundering and economic sanctions compliance.

Our services include:

Free AML Compliance Analysis

• A 30 minute telephone call with one of our professionals to assess the strength of your compliance program                                                                                     

Compliance Regime Development

• Compliance Framework Development :  Design and documentation of AML compliance policies and procedures, and the refinement of technology and investigative processes and systems 
• Risk Assessment & Mitigation : Design and documentation of a rigorous money laundering risk assessments and control programs
• Training Development & Delivery:  Design and delivery of risk-based and role appropriate AML training – most often to financial institution Directors

 Compliance Regime Evaluation

• Independent Compliance Effectiveness Reviews – Regulatory Compliance : The law requires an effectiveness review (an evaluation of your compliance regime) at least every two years, but your bank or regulator might require it more often
• Compliance Reviews – Regulatory Readiness :  When FINTRAC or OSFI gives notice of an evaluation, it’s a good time to avoid surprises and have an external review of your program first
• Compliance Reviews – Enhanced Due Diligence of Alternative Financial Services Providers :  If you have clients that are money services businesses, payday loan companies, or e-money businesses, you might want to have an external review of their program to assess the compliance and reputation risk to your financial institution