Ronald S., Chief Compliance Officer in Central America

“Our financial institution was in need of reviewing the process of how we collect customer information as well as the monitoring of transactions. We also needed to improve the content of our suspicious activity reports submitted to the financial regulators. Our Financial Institution is very focused on ensuring that we are continually following all AML regulations. Foodman CPAs & Advisors assisted us in the areas of Know Your Customer (KYC), Customer Due Diligence (CDD), customer and transaction screening, and suspicious activity reporting. Foodman reviewed all of our AML Policies and Procedures. Our bank’s AML Compliance Program is now up to date. We are prepared to make internal changes and arrangements when the rules change. We feel empowered and self-sufficient.”

— Ronald S., Chief Compliance Officer in Central America