How does Canarie help with BSA/AML exam preparation?

Canarie automatically captures evidence of BSA/AML program activities as they occur: SAR filing documentation, training completions, risk assessment updates, and board reporting. When examiners arrive, you export a comprehensive evidence package.

What BSA/AML evidence does Canarie track?

Canarie tracks all key BSA/AML program elements including risk assessments, CDD/EDD procedures, transaction monitoring, SAR/CTR filings, training, and board oversight.

How much time can we save on BSA/AML exam prep?

Institutions using Canarie report 70-80% reduction in BSA/AML exam preparation time by eliminating manual evidence collection.

Exam Preparation

BSA/AML Exam Preparation

Bank Secrecy Act and Anti-Money Laundering examinations are among the most scrutinized regulatory reviews. Canarie transforms BSA/AML exam preparation from a multi-week scramble into a continuous process. Evidence of your AML program effectiveness is captured automatically as compliance work is completed, creating an examiner-ready package.

Explore Solutions

Examining Agencies

FinCEN

FDIC

OCC

Federal Reserve

NCUA

Examination Frequency

Annual or as part of safety and soundness examination

The Exam Preparation Challenge

Most institutions spend weeks preparing for examinations, scrambling to collect evidence, chasing attestations, and piecing together documentation. With Canarie, evidence is captured automatically as compliance work is completed, transforming exam prep from weeks to days.

Preparation Steps

Review and update BSA/AML risk assessment

Verify customer due diligence documentation

Compile SAR filing evidence and analysis

Document CTR filing accuracy and timeliness

Gather training completion records

Prepare independent testing results

Document board and senior management oversight

Evidence Examiners Expect

Canarie automatically captures this evidence as your team completes compliance work. No last-minute scrambling.

BSA/AML risk assessment documentation

Customer identification program records

Suspicious activity report filings and analysis

Currency transaction report accuracy metrics

Training completion certificates

Independent audit findings and remediation

Board minutes showing BSA oversight

How Canarie Transforms Exam Preparation

Continuous Evidence Capture

Evidence is captured automatically as compliance work is completed. No manual collection needed.

Examiner-Ready Packages

Export organized evidence packages in formats examiners expect, organized by requirement.

Weeks to Days

Reduce exam prep time by 70-80% by eliminating manual evidence collection and organization.

Frequently Asked Questions

Related Examinations

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Execute safety and soundness exam preparation with evidence of sound risk management practices.

Transform Your BSA/AML Exam Preparation

See how leading institutions prepare for examinations in days, not weeks.