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AML Compliance
AML Compliance
AML (Anti-Money Laundering) and BSA (Bank Secrecy Act) as well as SAR (Suspicious Activity Reporting) rules are among the most commonly cited errors in compliance. This is because the requirements are black and white, and easy to enforce, but most mortgage companies feel that it doesn't apply to originators. We help with AML compliance by providing policies, plans, education/training, audits/review templates and compliance officer certification, as well as these free tips.
Last updated on 06 Jan, 2026
Articles
AML Compliance Package - Implementing BSA/AML policies and procedures
AML Compliance requires 4 things - 1.) AML Officer (that's you), 2.) Compliance Plan (your 1-70 BSA AML Plan) 3.) Annual Training, and 4.) Independent Review
States that Explicitly Require AML Plans and Audits
We have compiled a list of states that require AML Audits AT THE TIME YOU APPLY FOR A LICENSE. Often, for a de novo company, it makes no sense to you; what are they auditing? Remember, the audit is to see that you are PREPARED to comply.
What is "AML Testing"
Confusion around the phrase "testing"