We work with several institutions and government departments to make sure we are
fully compliant to the set rules and regulations by the relevant bodies.
Our compliance specialist will assess your financial data and financial industry
compliance with the Bank Secrecy Act (BSA) and recommend appropriate agency actions.
Conduct research and analysis of issues arise by any criminal activities or suspicious
activities.
We use start-of-the-art technology to serve our customer. FinCEN uses start-of-the-art
technology to provide investigative support to law enforcement agencies. Our IT
specialist has an integral role in the fulfillment of FinCEN’s mission. We use encryption
technology, developing and maintaining databases, analytical software, and secure
communication system.
To combat money laundering we work with specialists to overcome and minimize financial
crimes. We check several government databases for identity check.
We have Anti Money Laundering program in place. Our AML Compliance Person will review
each customer transaction and adhere to Office of Foreign Assets Control (OFAC)
regulations.
Big Apple FX is in Money Service Business. We are at high risk each time a transaction
occurs at our system. It is critical that we maintain our credibility and reputation.
In that case, we request our newly hired staff to attest their understanding of
the risk involved.