Expert consulting, independent testing, and tailored risk-based BSA AML/CFT compliance programs for NBFIs since 2012.
Request a ConsultationNavigating the complex regulatory landscape of the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML)/Countering the Financing of Terrorism (CFT) laws can be daunting for Non-Bank Financial Institutions (NBFIs). At SIRS, we simplify compliance by delivering clear, practical, and customized risk-based solutions designed to protect your firm while allowing you to focus on your core business operations.
Whether you operate as a residential mortgage lender or broker, a precious metals or jewelry dealer, or a securities broker/dealer, our compliance experts ensure your program aligns fully with current FinCEN and FINRA mandates.
Complete BSA AML/CFT compliance solutions for lenders and brokers. We conduct risk assessments, provide online training, and execute the annual independent testing required by 31 CFR 1029.210.
Learn More →Protect your retail or wholesale dealer operations. We offer flat-rate, comprehensive BSA AML/CFT programs, risk assessments, and independent tests compliant with 31 CFR 1027.210.
Learn More →Expert FINRA Rule 3310 BSA AML/CFT independent testing services and highly specialized SEA Rule 17a-4(f) Designated Third Party (D3P) on-call retrieval services.
Learn More →With incoming FinCEN regulatory updates, a robust, documented ML/TF Risk Assessment process is no longer optional—it is the foundation of your BSA AML/CFT program. Whether you are wondering how to design a risk assessment for a mortgage broker or seeking an experienced risk assessment provider for a precious metals dealer, SIRS provides the expertise you need.
We leverage industry-proven methodologies to identify money laundering and terrorist financing risks specific to your products, services, and geographic locations. Anticipate regulatory changes with a compliant, low-cost risk assessment process tailored for NBFIs.
Designing a risk assessment for a mortgage broker requires analyzing your specific customer base, product types (e.g., conventional vs. private money), geographic footprint, and funding channels. Under 31 CFR 1029.210, your BSA AML/CFT program must be built upon this assessment. SIRS provides low-cost, expertly designed risk assessment processes tailored specifically to the mortgage industry, anticipating upcoming FinCEN regulatory requirements.
Since 2012, SIRS has provided specialized BSA AML/CFT services, including risk assessments, for precious metals and jewelry dealers. Using products developed by Division One Compliance, LLC, we evaluate your supply chains, retail vs. wholesale operations, and cash transaction volumes to ensure compliance with 31 CFR 1027.210.
FinCEN requires NBFIs to have a written program that includes: 1) A documented ML/TF risk assessment, 2) Internal policies, procedures, and controls, 3) Designation of a compliance officer, 4) Ongoing BSA AML/CFT training for applicable personnel, and 5) Independent testing to monitor and maintain the program.