CRC assists Money Services Businesses (“MSBs”) throughout the introduction or expansion of their operations by facilitating registration with The Financial Crimes Enforcement Network (FinCEN) and all applicable state Money Transmitter Licenses (MTLs). CRC works with firms to establish appropriate BSA / AML / KYC practices, Office of Foreign Assets Control (OFAC), general compliance policies and procedures development, and consumer compliance programs and can serve as the outsourced Chief Compliance Officer and AML Compliance Officer.

CRC assists organizations in successfully becoming regulated entities, provides guidance and industry expertise throughout the life of the licensing process, and is available to provide continued support, all while keeping abreast of significant regulatory updates and industry best-practices. We believe it is vital to take a proactive and risk-based approach toward compliance with regulatory guidance and oversight from FinCEN, state regulators, the SEC, and FINRA.