Do MSBs need an AML program?
Covered MSBs in the United States are generally subject to Bank Secrecy Act AML requirements. The exact obligations depend on the business and activities, so businesses should assess the rules that apply to them.
AML for MSBs
AML software designed around the way MSBs operate.
Give your compliance team a central place for customer risk information, screening, training, documents and evidence.
Built for practical AML compliance
MSB-focused workflows
Customer screening
AML training records
Centralized evidence
Who it is for
For money service businesses such as currency dealers and exchangers and other eligible financial-service businesses seeking a more organized compliance workflow.
Frequently asked questions
Can software replace an AML compliance officer?
No. Software can support controls and recordkeeping, but responsibility for the compliance program remains with the business and its designated personnel.
Related AML compliance topics
Sanctions screening
Screen customers for sanctions exposure and document potential-match reviews.
PEP screening
Identify politically exposed person risk and retain review decisions.
Adverse media screening
Bring relevant negative-news indicators into customer risk review.
Crypto wallet screening
Evaluate supported wallet addresses for available risk indicators.
USDT wallet screening
Screen supported USDT wallet addresses before you transact.
Start with the compliance products you need.
Create your PeakAML account at no cost, then choose the available products that fit your compliance program.
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