Money Services Businesses and Non-Banking Financial Institutions

Bates Group offers AML and financial crimes prevention consulting services to established and start-up companies in the areas of banking, fintech (financial technology), cryptocurrency firms, traditional Money Services Businesses (MSBs), and Non-Banking Financial Institutions (NBFIs). Bates provides a full suite of Bank Secrecy Act, Anti-Money Laundering and Office of Foreign Assets Control (BSA/AML/OFAC) compliance consulting services, money transmitter state licensing support and maintenance, and training.

Follow the links below to learn more about each of our services.

BSA/AML/OFAC Services

BSA/AML Independent Reviews - Reviews for MSBs

BSA/AML/OFAC Compliance Consulting - Program Development, Enhancement, and Ongoing Consulting

Training Programs - Expert Compliance Training

Cryptocurrency - AML Compliance and Risk Management Solutions

Policy and Procedure Development - Traditional and Non-Traditional Financial Institutions

Outsourced Compliance Support - Providing Qualified Compliance Professionals to Serve as Compliance Officers

State Licensing and Other Support

Money Transmitter Licensing - State Licensure and Maintenance

Business Strategy - MSB Bank Introductions and Business Plan Development

Examination Support - Mock State Examinations and Lookback Reviews

Agent Oversight and Monitoring - Agent Management Program Development

For more information, contact:

Brandi B. Reynolds, CAMS-Audit, Managing Director, AML & Compliance

breynolds@batesgroup.com | 864-809-7718