BSA Audit Plus
BSA Audit Plus+
- A time-tested annual BSA audit which has withstood the muster of regulator and banks alike.
- Quality best practices to assure that your operation has a true “culture of compliance”.
- Experienced audit report by a professional who specializes in cryptocurrency MSBs and has conducted over 100 BSA Audits.
- Transaction reviews and insight as to what tuning may be beneficial to your AML Program.
- Complimentary half-hour advisory consultation upon completion of the audit to assure a solid understanding of the audit results and next steps for post-audit action items.
FinCEN guidance states that registered MSBs need an independent review at least every 18 months, while most banks and liquidity providers request this be done annually, due to the ever-changing regulatory environment of the digital assets space. When seeking a BSA Audit that is acceptable to your vendors and regulators, there are a few key characteristics to look for:
BitSource has conducted over 100 BSA Audits across different business types in the cryptocurrency space, from OTC desks, exchanges, payment processors to bitcoin ATMs. We are CAMS certified and our staff has been in the crypto space since 2013.
Our audit is time-tested and thoroughly reviews all 4, or depending on the business process, 5 pillars of an effective AML program. Our audit content has never been rejected by a bank or regulator and has industry-leading content and references.
Having been a compliance officer for several entities in the space and actively investigating financial crimes in the cryptocurrency environment, I bring over 15 years of investigations and audit experience to the table to assure your business knows what it takes to have a true “culture of compliance”.
Our half-hour free advisory session post-audit puts your team in the driver’s seat to craft a roadmap for future success. Our audits are an action item, which a quality response and follow-up questions aren’t left to be ignored.