- Single Policies
- Anti-Money Laundering (AML) and Suspicious Activity Reporting (SAR) Plans
Anti-Money Laundering (AML) and Suspicious Activity Reporting (SAR) Plans
With FinCen's determination that mortgage firms are money businesses, we must now comply with the AML and SAR rules. Since the industry already performs a high level of fraud detection and prevention, this plan is designed to extend those functions so that the Quality Control Plan addresses FinCen rules as well. Plug this plan in to your Quality Control plan for a full-featured fraud detection, prevention and reporting process.