Welcome to SightSpan's AML & CTF Compliance Services Unit
At SightSpan, our Business Service Unit specializes in Anti-Money Laundering (AML) and Counter Terrorist Financing (CTF) compliance.
With a deep understanding of the Bank Secrecy Act and USA Patriot Act, our team designs and tailors AML & CTF programs and preform independent audits for various entities including:
Money Services Businesses, Payment Firms, Payment Providers, Mortgage Companies, Providers of Prepaid Access, Financial Institutions, Online Casinos, and more!
What We Offer:
Customized AML & CTF Policies:
Compliance documentation aligned with industry regulations and best practices.
Comprehensive policies covering the 5 Pillars of AML Compliance, KYC Programs, Transaction Monitoring, etc.
ID Theft & Red Flag Policies & Procedures
Third Party Risk Oversight Policies and Procedures
Independent Audits & Reviews:
Trained auditors specializing in AML & CTF Compliance conduct independent audits for various industries, ensuring regulatory adherence.
Risk Assessments & Mitigation:
Tailored Risk Assessments identifying inherent risks and implementing controls to mitigate them.
Customized Risk Matrixes for your business’s products, services, and geographical presence.
Connect with our Team
Our Proven Approach:
1.
Initial Analysis & Secure Sharing
We start with a thorough analysis of your AML program, utilizing a secure folder for document sharing.
2.
Live Testing & Review
Remote live testing and assessment of your policies and procedures including KYC and Transaction Monitoring.
3.
Custom Recommendations
Providing recommendations and risk ratings in a comprehensive final report tailored to your business.
4.
Extended Support
Partnering with us extends your team, ensuring ongoing support and care for your business’s compliance needs.
SightSpan has a team of trained auditors specializing in AML & CTF Compliance, to offer our customers the service of performing: Independent AML & Sanctions Audits and Independent Reviews for MSBs
SightSpan assists its clients in creating robust AML & Sanctions Compliance Programs by customizing Risk Assessments for your business. Our Risk Assessments will identify your inherent risks, assist in implementing risk mitigating controls, and providing a residual risk score for your business. Our Risk Matrixes are customized specifically for your Company’s products, services, customers, and geographic location.
In addition, SightSpan creates customized Third-Party Risk Assessments for its clients, allowing businesses to methodically evaluate the risk that each third-party relationship presents. Our Risk Matrixes are customized specifically for the type of business and third-party business relationships your company engages with. We will create a schedule for your business to determine the dates in which these third-party relationships are to be evaluated and these third-party risk assessments are to be conducted.
Why SightSpan?
We are dedicated and passionate about minimizing risk and maximizing security for your business. Partnering with SightSpan’s BSU means gaining a trusted ally committed to your compliance success.
Get Started Today!
Begin your journey towards robust AML & CTF compliance. Partner with SightSpan’s Business Service Unit to fortify your business against financial crime risks.
