Canarie AI

Exam Preparation

BSA/AML Exam Preparation for Fintech

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 fintech.

More for Fintech

Fintech Exam Preparation Challenges

Building compliance programs from scratch
Meeting sponsor bank requirements
Preparing for potential direct regulation
Scaling compliance with rapid growth
Managing multi-state licensing

Examining Agencies

FinCENFDICOCCFederal ReserveNCUA

Exam Frequency

Annual or as part of safety and soundness examination

Preparation Steps for Fintech

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 Fintech

BSA/AML programConsumer protectionData privacyThird-party risk managementState licensing

Frequently Asked Questions

Transform BSA/AML Exam Preparation for Your Fintech

See how fintech prepare for examinations in days, not weeks.