We've recently discovered that when an Examiner requests AML Testing, companies often assume it refers to the test students take at the end of an AML Class. This is incorrect.
AML Testing, also known as an independent review, is an audit to verify that your organization complies with all legal requirements. We provide that service here:
https://www.mortgagemanuals.com/annual-amlbsa-audit.html
You can conduct your own reviews using the Self-Audit Review Checklist provided in your 1-70 AML Plan, however, regulators frequently question the qualifications of the self-examiner, and whether it is really independent. We normally use this as a "look-back" review (e.g., this existed as of xx-xx-xxxx), because even faulty compliance is better than none.
