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Risk Assessment

CyrptoCompliance will work with your small business to provide you with a questionnaire that will assist your BSA compliance officer with developing a risk assessment in order to assess your money laundering risk as a money transmitter. The risk assessment will, at a minimum, be based on your business structure, business plan, policies, procedures and controls.

If desired, CryptoCompliance will additionally consult with your BSA compliance officer to review your risk ranking and overall assessment of money laundering and OFAC risk.

Based on the results of your risk assessment, your policies, procedures and controls may require redesign or enhancement if high-risk gaps are identified. To ensure that you remain current and identify any potential risks or gaps, your risk assessment should be reassessed annually.

Contact us to request a written proposal.

CryptoCompliance is a regulatory consulting firm and does not provide legal advice, opinion, or services. Our services cannot and should not be relied upon as legal advice or opinion. We recommend you consult a lawyer if you want legal advice, opinion, or services.