Compliance & Integrity Services

• Anti-Money Laundering
• Regulatory Compliance
• Illness & Prevention
• DHS Chemical Safety Act

Anti-Money Laundering
SSC's financial specialists are comprised of former High Intensity Financial Crimes Area (HIFCA) agents, CPA's, and AML Specialists whom possess years of experience combating money laundering in designated high-intensity money laundering zones.

SSC pledges ongoing commitment to the federal banking agencies and the Financial Crimes Enforcement Network (FinCEN) to provide current and consistent guidance on risk-based policies, procedures, and processes for banking organizations to comply with the Bank Secrecy Act (BSA), Gramm-Leach-Bliley Act (GLBA), and Information Technology Risk Management Program (IT-RMP).

SSC strives to safeguard operations from money laundering and terrorist financing. Compliance programs assess and provide vulnerability testing of global anti-money laundering procedures and controls, required under these acts as well as the USA Patriot Act meeting BSA regulations. SSC offers the intelligence support for "know your customer" programs, including due diligence on customers, look back testing audit programs, M&A due diligence audits, and compliance programs to meet Section 23A-B legislation. SSC also provides a suite of forensic investigation tools to assess and abate suspected money laundering activities.

Annual BSA/AML compliance reviews satisfy the federal requirement that financial institutions perform an "independent test" to ensure compliance with the Act's reporting and record keeping requirements. SSC's BSA/AML compliance review focuses on a Bank's compliance with the Act's:

• Currency transaction reporting requirements
• Anti-money laundering guidelines
• Record keeping and retention requirements
• USA PATRIOT Act requirements
• OFAC requirements
• Requirements for maintaining adequate and effective BSA/AML policies, procedures, and employee training

Regulatory Compliance
SSC provides superior solutions to meet the evolving regulatory compliance needs of our clients. Compliance issues range from financial to chemical safety. SSC's compliance teams are comprised of former federal agents from the IRS, DHS, and High Intensity Financial Crimes Area (HIFCA).
 
Illness & Prevention
Every employer is required by law to provide a safe and healthful workplace to his/her employees. In accordance with state regulations, SSC can assist employers that need to have an effective Injury and Illness Prevention Program (IIPP) in writing. Elements of a written plan are as follows:

• Management commitment/assignment of responsibilities
• Safety communications system with employees
• System for assuring employee compliance with safe work practices
• Scheduled inspections/evaluation system
• Accident investigation
• Procedures for correcting unsafe/unhealthy conditions
• Safety and health training and instruction
• Recordkeeping and documentation

DHS Chemical Safety Act
Section 550 of the DHS Appropriations Act of 2007 grants the Department the authority to regulate chemical facilities that "present high levels of security risk." Facilities that are required to complete the Top Screen will largely fall into one of three categories: chemical manufacturing, storage and distribution facilities; petroleum refineries, and liquefied natural gas storage (peak shaving) facilities. Any facility that manufactured, used, stored or distributed certain chemicals (above a specified quantity must complete and submit a CSAT Top-Screen. The Department may also notify facilities - either directly or through a Federal Register notice - that they need to complete and submit a CSAT Top-Screen.

To determine what chemical facilities meet the Department's criteria for high-risk chemical facilities, the Department of Homeland Security developed the Chemical Security Assessment Tool (CSAT) Top Screen, an online questionnaire to be completed by facilities that possess or plan to possess any chemicals on Appendix A: DHS Chemicals of Interest list at or above the listed Screening Threshold Quantity (STQ). SSC Chemical Compliance Teams have handled the filing, on site quantity assessment, risk and security assessment as well as mitigation for several organizations in order to streamline the DHS compliance process. Our teams are composed of former HazMat experts from various police departments, chemical and pharmaceutical companies.

Failure to be in compliance can result in regulatory fines starting at $25,000 a day and auditors can conduct on the spot "close downs" of a facility until it meets compliance.