FINRA Rule 3310 requires firm’s to conduct annual independent testing of their AML Compliance Programs. Greico can provide independent testing of your firm’s AML Compliance Program to ensure you are in compliance with this requirement.
We perform a detailed review to test compliance with applicable requirements , not limited to including the requirements of FINRA, the SEC, Bank Secrecy Act and USA Patriot Act of 2001, Financial Crimes Enforcement Network, and the Office of Foreign Assets Control.
Testing determines if your firm has established and implemented policies and procedures that reasonably address requirements and revised rules. We also advise with regard to pending rule changes. We also ensure these changes are approved by senior management; and have been distributed to and acknowledged by all associated persons. We will provide an AML Testing Report detailing the reviews conducted, findings, and recommendations to enhance your AML Compliance Program.