WS Consulting LLC (WSC) has assisted clients with Bookkeeping, Accounting, Taxation, Internal Control, Bank secrecy Act (BSA), and Anti-money laundering (AML) Office of Foreign Assets Control (OFAC) issues for more than twelve years. (WSC) registered and based in state of New Jersey United State of America (USA). Company is in process of expanding its services to financial institutions globally with assistance of Compliance professionals and attorneys. We have designed, reviewed, enhanced, implemented and monitored and look back.
Our work has included assessing Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) risk at the enterprise and business level, drafting and enhancing policies and procedures, creating and delivering training modules, compliance assessments, forensic “look backs” pursuant to regulatory agencies findings, internal controls assessments, and implementation of technology solutions, internal investigations and the creation of enterprise-wide private sector Financial Intelligence Units (FIUs) and Financial Action Task Force (FATF) on Money Laundering.
(WSC) is specializes in providing regulatory compliance services to financial institutions. Our services are available in following areas, locally in USA and globally.
An effective compliance program starts with an evaluation of the compliance risks specific to an institution’s operations and structure. Either as a part of our Compliance Administration Program or as a special project, as sell:
The results of this assessment will be used to recommend an effective compliance program and to deploy resources to the compliance areas with the greatest risk.
Our professional’s team includes Bank compliance officers and Attorneys. (WSC) have the experience and expertise to provide comprehensive compliance services for institutions of any size and complexity, both domestic and international
Our business philosophy is to form a long-term partnership with our clients, and provide efficient professional services at a reasonable cost. Our hands-on service style combined with our approach and our ability to communicate proactively at a high level will result in enhanced service.
(WSC) provides a comprehensive compliance solution. (WSC) provides a bank with the tools and resources necessary to effectively outsource the administration of the program.
Money Laundering, Terrorist Financing and Drug Trafficking, detection and prevention are critical elements of a financial institution’s compliance program. And effective anti-money laundering strategy will help mitigate exposure to transaction compliance and reputation risk.
WSC, we verify compliance in accordance with the bank’s BSA/AML policies and procedures, and test internal controls designed, and segregation of duties designed to prevent money-laundering activity. Our procedures will cover all major business lines, products and locations, including:
Our independent review exercise will make sure, that all measures have been taken by Bank and all branches to rectify all deficiencies were identified by local and federal regulators.
It’s everyone in organization responsibility to well aware with regulatory compliance. It’s should not be restricted to compliance department, an effective compliance program ensures front-line staff, those performing transactions, have complete knowledge and understanding and tools to perform the transaction in compliance with applicable local and federal laws and regulations.
An effective compliance-training program includes training mandated by regulations (e.g. anti-money laundering, bank secrecy act, security, and funds availability). as well as training in response to regulatory changes, new products or services and internal//external audit and examination findings. Our compliance administration program, or as a stand-alone product, our training programs are customized to your specific operations.
WS Consulting LLC (WSC) has assisted clients with Bookkeeping, Accounting, Taxation, Internal Control, Bank secrecy Act (BSA), and Anti-money laundering (AML) Office of Foreign Assets Control (OFAC) issues for more than twelve years. (WSC) registered and based in state of New Jersey United State of America (USA). Company is in process of expanding its services to financial institutions globally with assistance of Compliance professionals and attorneys. We have designed, reviewed, enhanced, implemented and monitored and look back.
Our work has included assessing Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) risk at the enterprise and business level, drafting and enhancing policies and procedures, creating and delivering training modules, compliance assessments, forensic “look backs” pursuant to regulatory agencies findings, internal controls assessments, and implementation of technology solutions, internal investigations and the creation of enterprise-wide private sector Financial Intelligence Units (FIUs) and Financial Action Task Force (FATF) on Money Laundering.
(WSC) is specializes in providing regulatory compliance services to financial institutions. Our services are available in following areas, locally in USA and globally.
Navigate complex regulations with confidence. We provide rigorous internal audits and risk assessments to ensure your business adheres to all legal standards, protecting you from penalties and safeguarding your long-term reputation.
Our internal audit services help identify risks, strengthen controls, and improve operational efficiency. We provide independent assessments to ensure your business processes are compliant and running smoothly.
Ensure adherence to legal standards with our meticulous data preparation. We compile, organize, and verify the necessary information to satisfy strict regulatory inquiries and mandates.
Navigate complex banking regulations and standards with our expert guidance. We ensure your operations remain compliant with financial institutions to mitigate risk and avoid penalties.
Start your business on solid ground. We handle the complexities of business formation, ensuring you select the right entity structure and file all necessary documentation with state and federal authorities to remain compliant from day one.
Strengthen your business operations by identifying weaknesses in your financial processes. We assess and improve your internal controls to prevent fraud, minimize errors, and safeguard your assets.
Facing an inquiry from tax authorities or regulators can be daunting. We stand between you and the agency, acting as your authorized representative to handle correspondence, present documentation, and defend your financial position.
Our company has established a firm that generates a strong client relation with exceptional services.
