INDEPENDENT AML AUDITS
Independent AML testing. Clear findings. Practical next steps.
CAFA provides independent anti-money laundering (AML) testing for broker-dealers, including firms whose business focuses on private placements. We review how your AML program works in practice, identify gaps, and provide clear findings and practical recommendations.
HOW WE CAN HELP
A closer look at your AML program.
01
Risk-based program review
We begin with your Firm’s business model, customers, products, and risk profile. Our review considers whether the written AML program addresses the activities your Firm actually conducts.
02
Procedures put to the test
Testing may cover customer identification and due diligence, suspicious activity monitoring and escalation, training, and recordkeeping. We tailor the scope and sample selection to your Firm’s operations and the agreed engagement.
03
Documented findings
Receive a written report explaining the areas reviewed, testing performed, and issues identified. We connect findings to the supporting records so management can understand what needs attention.
04
Practical remediation priorities
We discuss the results with management and compliance personnel and offer practical recommendations. Clear priorities help your team plan corrective action and document its response.
IN THIS WITH YOU
Testing tailored to your Firm.
An effective AML review goes beyond a checklist. We consider your Firm’s size, structure, customer relationships, and business activities when planning the work, including the particular operating model of private placement broker-dealers.
Before accepting an engagement, we confirm the scope, timing, and independence requirements, including any prior involvement in the areas being tested. The goal is a useful assessment that helps your Firm understand and strengthen its AML program.
LET’S TALK
What’s next for your Firm?
COMPLIANCE & FINOP ADVISORY
Experience behind every next step.
Practical compliance and financial operations support for broker-dealers.
SERVICES
GET IN TOUCH
Charles@complianceafa.com
(516) 286-5064
Long Beach, New York