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) 2015-2018 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 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 : 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
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
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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)
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.
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.
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.
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.