Case Study

Current AMLRS client required assistance with an overhaul of its AML/BSA policies and procedures per its federal regulator

AML RightSource's client, a regional bank, sought assistance with an overhaul of its AML/BSA policies and procedures at the direction of its federal regulator. AML RightSource deployed a team of subject matter experts to analyze, among other things, the bank’s current procedures and compared them to current regulatory standards and industry best practices. As a result, AML RightSource provided the bank with a new, comprehensive policy document that the bank is using to grow and strengthen its AML/BSA program.