Compliance monitoring refers to the quality assurance tests organizations do to check how well their business operations meet their regulatory and internal process obligations. If you are in the financial service business, the latest MLR regulations require businesses to implement an ongoing monitoring system to assess and reduce money laundering risks. These compliance checks are normally performed by a qualified and independent firm.

At SEARS Accountants, our qualified and experienced team can perform the compliance checks for you and advise whether your business is compliant with the anti-money laundering regulations.