Canarie AI

Exam Preparation

BSA/AML Exam Preparation for Financial Services

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. Specifically tailored for the unique examination requirements facing financial services.

More for Financial Services

Financial Services Exam Preparation Challenges

Executing compliance work systematically
Capturing evidence automatically
Proving compliance happened
Managing recurring compliance tasks
Preparing for examinations

Examining Agencies

FinCENFDICOCCFederal ReserveNCUA

Exam Frequency

Annual or as part of safety and soundness examination

Preparation Steps for Financial Services

1
Review and update BSA/AML risk assessment
2
Verify customer due diligence documentation
3
Compile SAR filing evidence and analysis
4
Document CTR filing accuracy and timeliness
5
Gather training completion records
6
Prepare independent testing results
7
Document board and senior management oversight

Evidence Examiners Expect

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

Related Compliance Areas for Financial Services

BSA/AMLConsumer protectionFair lendingData privacyRegulatory compliance

Frequently Asked Questions

Transform BSA/AML Exam Preparation for Your Financial Service

See how financial services prepare for examinations in days, not weeks.