COMPLIANCE AUDIT SERVICES

Our Compliance Audit Service provides financial institutions with an annual, independent assessment of their AML and sanctions compliance framework.

We combine former regulators and seasoned compliance executives with AI-driven diagnostics from the KROTON platform to deliver a 360° view of your compliance effectiveness.

Unlike generic consulting reviews, our approach is both strategic and technical — aligning with regulatory expectations and validating that your systems work as intended.

Bank-grade assessment of Transaction Monitoring, Sanctions/OFAC, KYC/CDD, and models—board-ready in 4–6 weeks. Evidence-based findings and a prioritized remediation roadmap.

WHAT WE AUDIT

AML Program Assessment

Policy, governance, roles, MI/board reporting, training, QA/independent testing, issue management.

Transaction Monitoring Audit

Scenario coverage/gaps, thresholds, segmentation, A/B back-testing, case workflow, SAR process, data lineage & quality.

Sanctions Program Audit / OFAC Compliance Audit

List coverage (OFAC/EU/UN/local), matching logic & thresholds, SWIFT/free-text screening, PEP/watchlists, whitelist/blacklist controls, change management.

KYC / CDD Audit

Risk rating methodology, periodic reviews & triggers, adverse-media integration, data completeness/accuracy, high-risk handling.

AML Model Validation

Design & governance, feature/label quality, performance (precision/recall), stability & drift, explainability, documentation/model cards. 

Why Compliance Audit & Testing Matters

Financial institutions operate under growing regulatory scrutiny, rapid digitalization, and rising financial crime risks. Traditional audits are no longer enough. Boards, regulators, and stakeholders now expect independent assurance that both compliance processes and supporting technologies are effective.

Our Compliance Audit & Testing services provide end-to-end assurance: governance, processes, systems, and data quality — enabling you to operate confidently and regulator-ready.Our audits help you:

• Identify gaps before regulators or correspondent banks do
   
• Reduce false positives without missing true alerts
   
• Strengthen governance and documentation
   
• Build a remediation roadmap backed by measurable data
   

OUR SERVICE PACKAGES

Package 1: Essential Compliance Health Check

Foundation-level independent assurance

• Governance and oversight review (Board, senior management, compliance culture)
   
• Compliance policies & procedures gap analysis (AML, CFT, sanctions, KYC, fraud, data protection)
   
• Risk-based sample testing of transactions and customer files
   
• STR reporting adequacy check
   
• Staff training and awareness review
   
• Deliverables: Compliance heat map, prioritized risk findings, executive report
   

👉 Best for: Institutions seeking a regulatory “readiness check” or internal baseline assessment.

⸻

Package 2: Enhanced Compliance Testing & Controls Review

Comprehensive risk-based assurance across processes and controls

Includes all Essential services, plus:

• Full-scope compliance testing program design (aligned with FATF RBA & 3 Lines of Defense model)
   
• Thematic deep-dive reviews (e.g., AML transaction monitoring, sanctions filtering, fraud-AML collaboration)
   
• Independent execution of transaction monitoring & sanctions alert testing
   
• Testing of escalation, remediation, and board reporting processes
   
• Peer benchmarking with regulatory and industry standards
   
• Deliverables: Detailed testing report, risk dashboard, remediation roadmap
   

👉 Best for: Institutions requiring a structured, periodic compliance testing cycle with thematic reviews.

⸻

Package 3: Advanced Technology & System Assurance

Integration of compliance audit with system testing & technology QA

Includes all Enhanced services, plus:

• System testing: parameter tuning, scenario simulation, regression testing of AML/fraud/sanctions tools
   
• Model validation: back-testing and governance of AI/ML-based compliance models
   
• Data assurance: lineage, integrity, reconciliation of compliance data with source systems
   
• Technology QA: IT general controls review (access, audit trails, change management)
   
• Vendor solution review: regtech/fintech compliance systems assurance
   
• Stress testing and resilience assessment of compliance technology
   
• Deliverables: Executive technology risk dashboard, compliance system validation report, data quality findings
   

👉 Best for: Digitally driven banks, fintechs, and institutions under heavy regulatory scrutiny that need assurance across both people and technology controls.

⸻

Our Methodology

• Risk-Based Testing aligned with FATF, EBA, OFAC, MASAK expectations
   
• Integrated Approach: governance + processes + systems + data
   
• Testing Techniques: file sampling, transaction scenario testing, model validation, synthetic data simulation
   
• Quality Assurance: standardized rating scales (Effective / Partially Effective / Ineffective)
   
• Clear Deliverables: executive summaries, dashboards, remediation roadmaps

⸻

Engagement Models

• Point-in-Time Audit: Annual or regulatory exam readiness check
   
• Thematic Reviews: Focused on AML monitoring, sanctions, fraud-AML collaboration
   
• Managed Testing Service: Outsourced ongoing compliance testing and QA
   
• Strategic Advisory Partnership: Long-term collaboration with your board and compliance function
   

⸻

Value for Your Institution

✔ Demonstrate regulatory readiness

✔ Strengthen governance and compliance culture

✔ Identify risks before regulators do

✔ Validate technology platforms and data integrity

✔ Gain actionable remediation roadmaps

⸻

Deliverables Snapshot

• Executive Heat Maps for Board reporting
   
• Risk Dashboards with visual insights
   
• Detailed Testing Reports with evidence and ratings
   
• Remediation Roadmaps with timelines and accountability
   

⸻

“We provide not just compliance assurance, but integrated confidence — in your governance, your processes, your systems, and your data.”