AML Monitoring
We provide compliance monitoring services to MSBs in South Florida. Running an MSB
business can be complex enough. AMLCSI helps you keep focused on your business by giving you the professional support you need over your compliance operation every month.
Contact our consultants today for information.
We provide compliance monitoring services to MSBs in South Florida. Running an MSB
business can be complex enough. AMLCSI helps you keep focused on your business by giving you the professional support you need over your compliance operation every month.
Contact our consultants today for information.
On the bleeding
edge of compliance:
Bitcoin and
virtual currencies
A new challenge in the financial frontier has arrived with the concept of virtual currencies.
Our firm is taking up the challenge to bring the right risk management concepts and tools to the technology that will change the landscape of the financial world as we know it.
Bitcoin and
virtual currencies
A new challenge in the financial frontier has arrived with the concept of virtual currencies.
Our firm is taking up the challenge to bring the right risk management concepts and tools to the technology that will change the landscape of the financial world as we know it.
Copyright (c) 2015-2018 AML Compliance Solutions, Inc. All rights reserved. Information contained on this site is for informational purposes only and should not be considered advice. AML Compliance
does not provide legal advice. We are not responsible for any typos, errors, or omissions that may be contained herein. We reserve the right to modify our services at anytime without notice. We also
reserve the right to refuse service to any party and we are not obligated to disclose the reasons for our refutal. Please be aware that our firm complies with all the laws of the United States of America
and the laws of other jurisdictions where we may provider service. Do not approach our firm if you intend to break the law or if you are breaking the law. We reserve the right to refuse entrance to
private areas of this website. Information collected on this website such as e-mail addresses, IP addresses, and related information will not be disclosed to third parties. We will comply with any
request from law enforcement related to access to this website.
Check Cashing
License
Check cashing is a lucrative business which is suitable for entrepreneurs who are looking to gain better performance of their cash flow.
We can assist you in obtaining a Check Cashing License in Florida. Our experience in the field help reduce the time for the whole process and we provide you with all the essential elements to start your business with the right compliance tools.
Check cashing is a lucrative business which is suitable for entrepreneurs who are looking to gain better performance of their cash flow.
We can assist you in obtaining a Check Cashing License in Florida. Our experience in the field help reduce the time for the whole process and we provide you with all the essential elements to start your business with the right compliance tools.
The BSA Independent Review : 2018
As most regulators and banks look closely to independent reviews as means to early diagnostic of potential problems, having a good and current review shows your company's commitment to having strong compliance.
An independent review should be conducted by a knowledgeable individual or team of consultants. The review must focus on essential elements of compliance, but it also look at your operation to determine if your policies and procedures, and the application thereof, is appropriate for your business.
Schedule early. A good independent review usually take several days to complete.
As most regulators and banks look closely to independent reviews as means to early diagnostic of potential problems, having a good and current review shows your company's commitment to having strong compliance.
An independent review should be conducted by a knowledgeable individual or team of consultants. The review must focus on essential elements of compliance, but it also look at your operation to determine if your policies and procedures, and the application thereof, is appropriate for your business.
Schedule early. A good independent review usually take several days to complete.
2000 Ponce de Leon Blvd Ste 600
Coral Gables FL 33134
Toll Free: 855-AML-TEAM (855-265-8326)
Toll Free Fax: 888-538-1199
Headquarters: 305-421-6314
Coral Gables FL 33134
Toll Free: 855-AML-TEAM (855-265-8326)
Toll Free Fax: 888-538-1199
Headquarters: 305-421-6314
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Jumpstart 2018
Schedule your compliance services early: Independent Review for 2017
Also remember to review your anti-money laundering program to make sure all your due dates for filings are on your calendar.
Schedule your compliance services early: Independent Review for 2017
Also remember to review your anti-money laundering program to make sure all your due dates for filings are on your calendar.
"There has been a substantial increase in penalties from regulators in 2017. The cost of fines for even minor violations
has skyrocketed, threatening the survival of small businesses"
Advanced Compliance Training
Our firm recommends Advanced Compliance Technology to deliver high quality, compliance training for most Money Service Business areas.
Visit ACT's website for more information. (click on the logo)
Our firm recommends Advanced Compliance Technology to deliver high quality, compliance training for most Money Service Business areas.
Visit ACT's website for more information. (click on the logo)
OFR Electronic Log
Make sure you register
Veritec, the state government contractor that maintains the payday loan database, and it offers a training regarding the electronic log submission to licensed check cashers in the state.
Make sure you register
Veritec, the state government contractor that maintains the payday loan database, and it offers a training regarding the electronic log submission to licensed check cashers in the state.
2018: Compliance becoming the central axis of financial services
As regulators increase focus over Money Service Business and banks are under direct pressure from their regulators
for maintaining MSB accounts, it is more important than ever to implement a pristine compliance operation to ensure
a clean bill of health. We can help.
WC Form
As part of the State of Florida
effort to use Check Cashers
to enforce WC laws, we have
published a form to assist Check Cashers. See HERE.
published a form to assist Check Cashers. See HERE.
What does 5 year mean?
Regulation requires to maintain your records for 5 years. But what does that really mean?
Reliability of Records
-It means your records must be readable and accessible, must be complete and must allow to reconstruct your operations for five years from the current date. Using thermal paper that fades within months, or not having a backup copy of your digital records makes your recordkeeping unreliable.
Survives your own Business lifespan
-If your business stops functioning, the owner (and licensee if applicable), is responsible for maintaining those records for 5 years, even when the company no longer exists.
Separate your Years
-By keeping each year of records separate, you can dispose of those older than 5 years.
Regulation requires to maintain your records for 5 years. But what does that really mean?
Reliability of Records
-It means your records must be readable and accessible, must be complete and must allow to reconstruct your operations for five years from the current date. Using thermal paper that fades within months, or not having a backup copy of your digital records makes your recordkeeping unreliable.
Survives your own Business lifespan
-If your business stops functioning, the owner (and licensee if applicable), is responsible for maintaining those records for 5 years, even when the company no longer exists.
Separate your Years
-By keeping each year of records separate, you can dispose of those older than 5 years.