Creating a comprehensive AML compliance program manually requires synthesizing complex BSA regulations, coordinating multiple stakeholders, and ensuring all four pillars are properly documented. Compliance officers spend days researching requirements, drafting policies for SAR/CTR reporting, OFAC screening, and internal controls, then coordinating reviews across legal, operations, and audit teams.
Financial institutions face mounting pressure to maintain comprehensive, current AML compliance programs that satisfy complex BSA/AML regulations from FinCEN and federal banking regulators. Drafting these programs manually requires 40+ hours of specialized legal and compliance expertise, extensive regulatory research, and careful customization to institutional risk profiles—time that compliance teams simply don't have.
CaseMark automates the creation of comprehensive, board-ready Anti-Money Laundering compliance programs tailored to your institution's specific risk profile. Our AI analyzes your organizational documents, business lines, and customer demographics to generate FinCEN-compliant policies covering all required components—from CIP and CDD procedures to SAR reporting and OFAC compliance—in just 15 minutes.
This workflow is applicable across multiple practice areas and use cases
Securities lawyers advising broker-dealers, investment advisers, and securities exchanges must ensure clients maintain comprehensive AML programs as required by FINRA, SEC, and FinCEN regulations.
Broker-dealers and other securities market participants are subject to extensive AML requirements under the Bank Secrecy Act and FINRA rules, making compliant AML programs essential for regulatory approval and ongoing operations.
Corporate finance attorneys advising financial institutions, investment firms, and fintech companies need AML compliance programs to meet regulatory requirements for capital raising, lending operations, and financial transactions.
Any corporate finance practice serving banks, broker-dealers, or money services businesses must ensure clients have proper AML frameworks in place as a fundamental regulatory requirement for operating legally.
M&A attorneys conducting due diligence on financial institution acquisitions need to review and verify target companies' AML compliance programs, and may need to draft updated programs post-acquisition for combined entities.
AML compliance is a critical due diligence item in financial services M&A transactions, and inadequate programs can be deal-breakers or require immediate post-closing remediation.
VC and PE firms investing in fintech, cryptocurrency, or financial services companies need to ensure portfolio companies have robust AML compliance programs as part of due diligence and ongoing governance requirements.
Investment funds increasingly face regulatory scrutiny regarding AML compliance, particularly when investing in financial technology or services sectors where BSA/AML requirements apply to portfolio companies.
Corporate governance attorneys advising boards of financial institutions need AML compliance programs to fulfill board oversight responsibilities and satisfy audit committee requirements for BSA/AML compliance frameworks.
Board members and audit committees of financial institutions have direct oversight responsibility for AML compliance programs, making this a key governance document requiring regular review and approval.
The program addresses all core Bank Secrecy Act and FinCEN requirements including Customer Identification Program (CIP) under 31 CFR 1020.220, Customer Due Diligence (CDD) requirements under 31 CFR 1010.230, Suspicious Activity Reporting (SAR) under 31 CFR 1020.320, Currency Transaction Reporting (CTR) under 31 CFR 1020.310, and OFAC sanctions compliance. It also incorporates the four pillars of BSA/AML compliance: designated compliance officer, independent testing, training, and risk-based policies and procedures.
CaseMark analyzes your uploaded documents including organizational charts, business line descriptions, customer demographics, and any existing policies to understand your institution's unique risk profile. The AI then tailors the program's risk assessment methodology, customer due diligence procedures, and control frameworks to address your specific products, services, customer types, and geographic exposures. This ensures the program reflects your actual operations rather than generic templates.
Yes, the program is structured as a formal policy document suitable for board presentation and regulatory review. It includes comprehensive coverage of all required components, accurate regulatory citations, professional formatting with numbered sections for easy navigation, and appropriate governance frameworks. However, we recommend review by your legal counsel to ensure alignment with your institution's specific circumstances and any state-specific requirements before final board approval.
CaseMark's AI references current FinCEN regulations, federal banking agency guidance, and BSA/AML statutory requirements as of the generation date. All CFR citations are verified for accuracy, and the program incorporates recent regulatory developments including the beneficial ownership rule and updated CDD requirements. The system is regularly updated to reflect new guidance, but institutions should conduct periodic reviews to ensure ongoing compliance with evolving regulations.
Absolutely. The generated program is fully editable and designed as a living document that should evolve with your institution. You can modify sections to reflect operational changes, new products, or regulatory updates. CaseMark can also regenerate updated versions when you upload new organizational information or need to incorporate significant regulatory changes, maintaining version control and documentation of program evolution.