Anti-money laundering procedures have rapidly become the focus of CEOs and regulators alike. "Compliance", with the new and improved laws, is proving more difficult and few words resonate in the minds of today's managers with as much force. As compliance is becoming more important in light of the recent enhancements to the regulatory environment, it is critical to develop a compliance program. A compliance program must include:
- reviews of internal systems and controls
- independent testing
- compliance reviews of policies, procedures and forms
- periodic education sessions for officials and staff
Now there is a solution. CU Compliance Group, Inc., a Credit Union Service Organization (CUSO) owned by Corporate America Credit Union, is positioned to be your strategic partner in ensuring on-going compliance in all areas of the USA Patriot Act, OFAC, the Bank Secrecy Act, and other anti-money laundering laws. Services can be provided separately, or more cost effectively, as a complete compliance audit program.
We can assist you in developing the formal reviews and audits your credit union needs. CU Compliance Group, Inc. has the compliance, auditing and practice knowledge to assist your credit union in developing and implementing an effective and cohesive program to prevent money laundering and mitigate regulatory compliance risks. We offer an on-site review of your compliance programs with highly experienced people and can provide you with assistance in retaining any needed outside professionals.
Compliance is no longer a matter of taking a business as usual approach to day-to-day operations. Align your credit union today with a preeminent partner to ensure effective compliance and corporate governance. CU Compliance Group, Inc. has the expertise to assist you in ensuring compliance with the very latest regulations and legislation, all while developing internal systems and controls that will positively influence the compliance and management culture of your institution.
For more information, please contact Corporate America at (205) 313-4300 or (800) 292-6242 ext.150. |
