AML regulations specify that each company’s AML program must be tested periodically to ensure that the program is working as designed. This testing must be conducted by an independent entity with familiarity regarding the AML rules; specifically, it may not be conducted by your company’s Compliance Officer. JVC can provide independent testing services to review and test every element of your AML program. JVC’s independent testing services are far less costly than outside counsel or an accounting firm. JVC will issue a results letter which can be used to demonstrate your compliance to your bank or to the IRS.