Independent Review

Enforcement actions and penalties continue to expose systemic failures and areas of noncompliance within a financial institution’s Bank Secrecy Act (BSA) / Anti-Money Laundering (AML) program and Office of Foreign Assets Control (OFAC) program. Additionally, internal audits or investigations may illuminate areas of potential weakness or concern. Financial institutions often face challenges such as resource and technology constraints, outdated or improperly scoped internal testing programs, or limited knowledge of industry trends and complex regulatory requirements. With vast BSA/AML and OFAC knowledge and experience, visibility into industry trends and best practices, and knowledge of the evolving regulatory landscape, VAN LEEUWEN FORENSIC AUDITING serves as a strong, independent compliance review consultant to meet your regulatory testing obligations. It helps clients proactively identify deficiencies ahead of regulatory examinations, validate corrective actions, or advise and assist with remedial efforts that will withstand the scrutiny of regulators and prosecutors.

Similarly, central and local government agencies are becoming increasingly proactive in appointing monitors to oversee major public works projects to ensure on time completion, within budget, and without corrupt influences. Courts have also turned to monitors to enforce consent decrees entered by public and private litigants to ensure that the terms are faithfully carried out. VAN LEEUWEN FORENSIC AUDITING’s integrity-monitoring team includes subject matter experts from a variety of industries and disciplines who have the experience and judgment to assist corporations, government agencies, and courts in successfully rehabilitating companies, overseeing major public works projects, providing forensic support to investigations, and ensuring the implementation of court-approved settlements.

Independent Auditor

In response to heightened regulatory scrutiny of AML/BSA and OFAC programs, financial institutions worldwide turn to the VAN LEEUWEN FORENSIC AUDITING’s experienced professionals to assist with the development, testing, and enhancement of effective and efficient compliance programs. By leveraging knowledge of the evolving regulatory landscape, visibility into industry trends and best practices, and the right technology, the specialist unit develops customized, achievable, transparent, and sustainable solutions to protect institutions against financial crime. VAN LEEUWEN FORENSIC AUDITING is dedicated and focused on providing a fair and unbiased evaluation, ensuring that a compliance program meets all regulatory requirements under the law. It helps clients proactively identify and mitigate any deficiencies ahead of regulatory examinations, independently validate corrective actions, or advises and assists with remedial efforts that will withstand the scrutiny of regulators and prosecutors.

Internal Audit & Quality Assurance Support

As one of the “Five Pillars” of an effective AML compliance program, independent testing is critical to identify AML/BSA and OFAC program deficiencies and ensure compliance with regulatory program requirements. VAN LEEUWEN FORENSIC AUDITING customizes sound, dynamic, and targeted approaches to assess the health and effectiveness of any area within a financial institution.

Compliance Monitorships

VAN LEEUWEN FORENSIC AUDITING has established a reputation as a leader in reviewing, assessing, and enhancing compliance programs for diverse organizations throughout the world. It provides these services both in response to an organization’s proactive request and as a court- or government-mandated compliance monitor or independent compliance consultant, responsible for overseeing and assessing an organization’s remediation plans and/or remediation efforts to enhance its compliance program. VAN LEEUWEN FORENSIC AUDITING has extensive experience working directly with both the client and government agency to identify and communicate potential deficiencies within the organization’s compliance program and make recommendations to resolve the issues. It employs a “trust but verify” approach to ensure an unbiased and independent review.

Integrity Monitorships

VAN LEEUWEN FORENSIC AUDITING has extensive experience in serving as an integrity monitor, and in similar capacities, for various government agencies and public authorities across a variety of sectors.

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