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AML and sanction services

With money laundering risks and regulatory focus increasing, organizations must evaluate existing compliance programs and proactively address any potential vulnerabilities. While many organizations attempt to alleviate issues by directing more employees to the problem, the answer is often working smarter and optimizing current processes.

At RSM, we understand your anti-money laundering (AML) challenges and concerns, and our team has extensive AML experience, including AML assessments, model validation, program remediation and investigations for domestic and international clients. We leverage that experience to deliver effective solutions tailored to your organization’s unique risk profile.

How can we help you?

Contact us by phone at 800.274.3978 or request more information by email. 

A comprehensive AML platform

RSM advisors provide services to help you address complex AML and sanction challenges in several critical areas, such as:

Program advisory

Our experienced AML team can help your organization strengthen and enhance your AML compliance program, with solutions, including:

  • AML sanctions program development—develop or revise written AML policies or procedures, know your customer (KYC) processes, developing methodologies, including monitoring, sanctions screening, risk assessment and revising program governance structures.
  • Program build-out—implement AML program enhancements and potentially new systems.
  • Risk assessment—assess your AML program to identify any potential risks and provide recommendations for remediation.
  • Gap assessment—independent evaluation of U.S., global or international compliance programs to benchmark against regulatory expectations and industry standard practices.

AML enforcement action remediation

We can develop and execute, or validate a corrective action plan and support business as usual operations. RSM has a comprehensive data analytics and case management tool to help your institution efficiently investigate large volumes of customer data, and tailor the investigative focus to the unique risks of your institution and the requirements of the enforcement action.

AML model validation

We provide independent validation of your AML models and systems, including sanctions screening, suspicious activity monitoring and customer risk scoring.   

Independent testing

We provide independent testing of your AML program, with a risk-based approach based on the Federal Financial Institutions Examination Council (FFIEC) guidelines, to help you evaluate the strength of your AML compliance program and recommend tailored and realistic action plans for remediation.

The RSM advantage

RSM has a track record of developing and executing successful AML compliance strategies ranging from some of the largest global financial institutions to community banks and credit unions. We are at the forefront of innovation, and work with our clients to implement new technologies to increase the effectiveness and efficiency of AML controls and programs.

RSM offers the experience of a dedicated team of AML advisors and the resources of the fifth-largest U.S. provider of assurance, tax and consulting services, while bringing a personal touch to even our largest AML engagements.