Williams McGuire AML is the trusted advisor to over a dozen federally regulated financial institutions (FRFIs), nearly one hundred credit unions (including some of the largest in the country), money services businesses, foreign exchange dealers, limited market dealers, mutual fund dealers, real estate developers, deposit agents, insurance companies, venture capital firms, treasury groups, e-money businesses, mobile payment companies, debit and credit card issuers, as well as estate and trust companies.
Williams McGuire AML Inc. is recommended by Amazing Credit Union
“Matthew is an extremely knowledgeable. informative and practical person who takes a dry difficult subject such as Anti Money Laundering legislation and financial crimes and puts it into easy to understand terms. He approaches situations with humour and understanding and is a delight to work with.”
Judy Action, Chief Anti-Money Laundering Officer, North Shore Credit Union
Williams McGuire AML Inc. is recommended by Mobile Payments Company
“Matthew is an excellent, reliable, trustworthy and creative person. His deep expertise in AML & Compliance regimes is invaluable. He has built an enthusiastic and motivated team of professionals. Matthew McGuire commitment makes him an asset to any financial services company. Besides those strong attributes, the integrity and honorability he has demonstrated allows me to consider Matthew as a long-term business strategic partner.”
Sergio A. Escobar, DH International, Operating as MoneyCell
vCAMLO Outsourced Compliance is endorsed by Credit Unions in Prince Edward Island
“Participating in the vCAMLO pilot project was a value added experience for our credit union. vCAMLO took the time to understand our unique challenges, and through implementation of their outsourced solution, provided us with a complete anti-money laundering and anti-terrorist financing compliance program that has markedly improved our comfort level in complying with FINTRAC requirements. With the overall supervisory framework for compliance in place, and the day to day operations managed by vCAMLO’s trained team of subject matter experts and former regulators, we have been able to reduce the amount of time we spend on compliance tasks by up to 90%. This has allowed the senior AML staff at Consolidated to focus on those member and transaction types which present an elevated risk at Consolidated, and appropriately manage and mitigate those risks together with vCAMLO’s assistance. The training vCAMLO provided has enhanced staff understanding of their particular role in the compliance process at Consolidated, from the Board of Directors through to our front-line member-facing staff. vCAMLO further aided us by documenting the actual way we do things in an easy-to-understand policy and set of procedures, and responds to our request for guidance or clarity with practical advice. Overall we can say that by using vCAMLO’s outsourced compliance solution, we are more confident in our ability to achieve compliance with Canadian anti-money laundering and anti-terrorist financing regulatory requirements and industry best practices when it comes to reporting, record keeping, and member due diligence obligations.”
Linda Hardy, Chief Anti-Money Laundering Officer, Consolidated Credit Union, Summerside Branch, Prince Edward Island
Sandra Paynter, Assistant Anti-Money Laundering Officer, Consolidated Credit Union, Borden-Carleton Branch, Prince Edward Island
Our Clients
Williams McGuire AML is the trusted advisor to over a dozen federally regulated financial institutions (FRFIs), nearly one hundred credit unions (including some of the largest in the country), money services businesses, foreign exchange dealers, limited market dealers, mutual fund dealers, real estate developers, deposit agents, insurance companies, venture capital firms, treasury groups, e-money businesses, mobile payment companies, debit and credit card issuers, as well as estate and trust companies.
Williams McGuire AML Inc. is recommended by Amazing Credit Union
“Matthew is an extremely knowledgeable. informative and practical person who takes a dry difficult subject such as Anti Money Laundering legislation and financial crimes and puts it into easy to understand terms. He approaches situations with humour and understanding and is a delight to work with.”
Judy Action, Chief Anti-Money Laundering Officer, North Shore Credit Union
Williams McGuire AML Inc. is recommended by Mobile Payments Company
“Matthew is an excellent, reliable, trustworthy and creative person. His deep expertise in AML & Compliance regimes is invaluable. He has built an enthusiastic and motivated team of professionals. Matthew McGuire commitment makes him an asset to any financial services company. Besides those strong attributes, the integrity and honorability he has demonstrated allows me to consider Matthew as a long-term business strategic partner.”
Sergio A. Escobar, DH International, Operating as MoneyCell
vCAMLO Outsourced Compliance is endorsed by Credit Unions in Prince Edward Island
“Participating in the vCAMLO pilot project was a value added experience for our credit union. vCAMLO took the time to understand our unique challenges, and through implementation of their outsourced solution, provided us with a complete anti-money laundering and anti-terrorist financing compliance program that has markedly improved our comfort level in complying with FINTRAC requirements. With the overall supervisory framework for compliance in place, and the day to day operations managed by vCAMLO’s trained team of subject matter experts and former regulators, we have been able to reduce the amount of time we spend on compliance tasks by up to 90%. This has allowed the senior AML staff at Consolidated to focus on those member and transaction types which present an elevated risk at Consolidated, and appropriately manage and mitigate those risks together with vCAMLO’s assistance. The training vCAMLO provided has enhanced staff understanding of their particular role in the compliance process at Consolidated, from the Board of Directors through to our front-line member-facing staff. vCAMLO further aided us by documenting the actual way we do things in an easy-to-understand policy and set of procedures, and responds to our request for guidance or clarity with practical advice. Overall we can say that by using vCAMLO’s outsourced compliance solution, we are more confident in our ability to achieve compliance with Canadian anti-money laundering and anti-terrorist financing regulatory requirements and industry best practices when it comes to reporting, record keeping, and member due diligence obligations.”
Linda Hardy, Chief Anti-Money Laundering Officer, Consolidated Credit Union, Summerside Branch, Prince Edward Island
Sandra Paynter, Assistant Anti-Money Laundering Officer, Consolidated Credit Union, Borden-Carleton Branch, Prince Edward Island