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:
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
Copyright (c) 2015 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 is a
lucrative business which
is suitable for
entrepreneurs who are
looking to gain better
performance of their cash
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 : 2015
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
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.
5201 Blue Lagoon Dr. Suite 964 Miami, FL 33126
Toll Free: 855-AML-TEAM (855-265-8326)
Toll Free Fax: 888-538-1199
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Fines and Suspensions, can Florida MSBs survive?
A new approach to enforcement, the Office of Financial Regulation is issuing hefty
penalties for violations of Chapter 560 Florida Statutes and 69V-560, Florida
Administrative Code. Can businesses survive this new trend which has already put
several companies out of business? Call us to discuss this matter.
"There has been an increasing trend on the pressure of regulators
for perfect compliance. The cost of fines for even minor violations
has skyrocketed, threatening the survival of small businesses"
Advanced Compliance Training
Our firm has partnered with Advanced
Compliance Technology to deliver high
quality, compliance training for most Money
Service Business areas.
Visit ACT's website for more information.
FinCEN Geographic Target Order
Miami-Dade and Broward
The Financial Crimes Enforcement Network
(FinCEN) issued a Geographic Targeting
Order (GTO) today for South Florida check
cashers to temporarily enhance the
identification requirements on customers
cashing Federal tax refund checks. South
Florida has become a hotbed for stolen
identity tax refund fraud. In a typical scheme,
the criminal files a fraudulent tax return after
stealing a victim’s identity and then cashes
the refund check at a local check casher. The
criminal typically cashes the check using
fake identification in an attempt to evade law
enforcement. FinCEN’s GTO will make it
much more difficult for these criminals to
OFR Electronic Log - 2015
Make sure you register
Veritec, the state government contractor
that maintains the payday loan database,
will offer a training regarding the new
electronic log submission to licensed check
cashers in the state. You must have
received a letter by now. Make sure you
take this training, as it will be important to
be able to timely comply with this new
On the news: AML senior consultant Juan Villa issues an opinion regarding new
FinCEN's Miami Geographic Target Order
For over 700 businesses in the Doral, Florida area, a new reporting requirement has been issued by a federal agency,
mostly uknown to the vast majority of these exporting companies.
Check out Villa's comments on this article published by the Association of Certified Financial Crime Specialists.
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.