--- title: BSA, AML, CFT, and OFAC Reviews | Financial Institutions | Saltmarsh Advisors description: Strengthen your BSA, AML, CFT, and OFAC compliance with Saltmarsh's expert reviews, tailored solutions, and ongoing support to navigate evolving regulatory challenges. image: https://marketing.saltmarshadvisors.com/hubfs/Announcement%20Graphic.jpg --- [Skip to content](https://marketing.saltmarshadvisors.com/financial-institutions/bsa-aml-cft-ofac#main-content) [![SM Horizonal Black Web](https://marketing.saltmarshadvisors.com/hs-fs/hubfs/Company%20Branding/SM%20Horizonal%20Black%20Web.png?width=475&height=123&name=SM%20Horizonal%20Black%20Web.png) ![SM Horizonal Color DK Web](https://marketing.saltmarshadvisors.com/hs-fs/hubfs/Company%20Branding/SM%20Horizonal%20Color%20DK%20Web.png?width=437&height=113&name=SM%20Horizonal%20Color%20DK%20Web.png)](https://www.saltmarshcpa.com/) # BSA, AML, CFT, & OFAC Reviews Meeting regulatory requirements is just the beginning. Saltmarsh delivers in-depth, risk-based reviews that help financial institutions strengthen their programs, respond to evolving threats, and stay exam-ready year-round. [Contact Us](https://marketing.saltmarshadvisors.com/financial-institutions/bsa-aml-cft-ofac#contact) ![Hero Banner](https://marketing.saltmarshadvisors.com/hubfs/Company%20Branding/Tonal%20White.png) ## Stronger Compliance for a Shifting Regulatory Landscape BSA, AML, CFT, and OFAC review regulations are constantly evolving, and so is examiner scrutiny. Financial institutions face growing expectations to detect and deter illicit activity, all while managing complex systems, high volumes of alerts, and ongoing staffing pressures. At Saltmarsh, we understand these challenges. Whether you're navigating compliance requirements, preparing for an exam, or responding to regulatory findings, our team brings deep experience and a calm, solutions-oriented approach. We focus on strengthening your program; not just meeting the minimum requirements. With every review, we aim to identify practical improvements, reduce risk, and ensure your institution is positioned for long-term compliance. ## A Risk-Based Approach Saltmarsh’s methodology is rooted in the real-world expectations of examiners and the evolving risk profiles of financial institutions. We tailor every engagement to your institution’s size, structure, product mix, customer base, and geographic reach. Our team conducts thorough, independent reviews that go beyond surface-level compliance. We take a risk-based approach that considers the five pillars of BSA: Customer Due Diligence, Internal Controls, Designation of a BSA Officer, Employee Training, and Independent Testing.  We assess program governance, system performance, internal controls, and staff competency to ensure your BSA/AML/CFT framework is aligned with regulatory expectations and operational realities. Whether you’re proactively strengthening your program or responding to scrutiny, we help you make meaningful, defensible improvements that stand up to examiner review. ![IMG\_5748](https://marketing.saltmarshadvisors.com/hs-fs/hubfs/Events/Financial%20Institutions/BankTalk%202025/IMG_5748.jpg?width=517&height=388&name=IMG_5748.jpg) #### Explore More Services: ###### [Banks](https://marketing.saltmarshadvisors.com/financial-institutions/banks) ###### [Credit Unions](https://marketing.saltmarshadvisors.com/financial-institutions/credit-unions) ###### [Fintechs](https://marketing.saltmarshadvisors.com/services-for-fintechs-financial-institutions-saltmarsh-advisors) ###### [Regulatory Compliance](https://marketing.saltmarshadvisors.com/financial-institutions/regulatory-compliance) ###### [Internal Audit](https://marketing.saltmarshadvisors.com/financial-institutions/internal-audit) ###### [FDICIA 363 Consulting & Readiness](https://marketing.saltmarshadvisors.com/financial-institutions/fdicia-363-consulting-testing) ###### [Credit Quality Reviews](https://marketing.saltmarshadvisors.com/financial-institutions/credit-quality-reviews) ###### [ACH Reviews & Risk Assessments](https://marketing.saltmarshadvisors.com/financial-institutions/ach-reviews) ###### [BSA, AML, OFAC, and CFT](https://marketing.saltmarshadvisors.com/financial-institutions/bsa-aml-cft-ofac) ###### [Fair Lending & UDAAP Risk Reviews](https://marketing.saltmarshadvisors.com/financial-institutions/fair-lending-data-analytics) ###### [CRA Services](https://marketing.saltmarshadvisors.com/financial-institutions/cra-services) ###### [Asset Liability Management Review](https://marketing.saltmarshadvisors.com/financial-institutions/asset-liability-management-reviews) ###### [Information Systems & Cybersecurity Audits](https://marketing.saltmarshadvisors.com/financial-institutions/information-systems-third-party-risk-management) ###### [Trust Operations & Fiduciary Responsibilities](https://marketing.saltmarshadvisors.com/financial-institutions/trust-operations-fiduciary-responsibilities) ###### [Advisory, Training, and Coaching](https://marketing.saltmarshadvisors.com/financial-institutions/advisory)   ### Our BSA, AML, CFT, & OFAC Review Services Saltmarsh provides comprehensive BSA, AML, CFT, and OFAC review services designed to meet regulatory expectations and adapt to your institution’s risk profile. From required periodic reviews to targeted validations and training, our services help you maintain a strong, defensible compliance program. #### BSA/AML/CFT Independent Reviews Periodic risk-based testing to evaluate the effectiveness of your institution’s BSA/AML program and ensure regulatory compliance. We evaluate compliance with recordkeeping requirements (monetary instruments, funds, CIP – including beneficial ownership, etc.), test for required reporting (CTRs, SARs, etc.) and information sharing (314(a) and 314(b) are conducted as appropriate, dig into due diligence practices, analyze the effectiveness of internal controls, and confirm required training is conducted. #### Model Validations Independent assessments of AML software to verify accuracy, performance, governance, and efficiencies. #### OFAC Program Reviews Targeted reviews of sanctions screening policies, procedures, and systems, with real-time testing to uncover gaps and ensure compliance. #### BSA/AML Risk Assessment Support Guidance to enhance or build your BSA/AML risk assessment framework, tailored to your institution’s size and complexity. #### Training & Board Engagement Customized training for staff and board members to promote awareness, strengthen oversight, and align with examiner expectations. [Contact Us](https://marketing.saltmarshadvisors.com/financial-institutions/bsa-aml-cft-ofac#contact) ![](https://45060328.fs1.hubspotusercontent-na1.net/hub/45060328/hubfs/Financial%20Institutions/Testimonials%20-%20Landing%20Pages/Bank3%20Testimonial.png?width=1200&length=1200&name=Bank3%20Testimonial.png) ![](https://45060328.fs1.hubspotusercontent-na1.net/hub/45060328/hubfs/Financial%20Institutions/Testimonials%20-%20Landing%20Pages/Piedmont%20Federal%20-%20Testimonial.png?width=1200&length=1200&name=Piedmont%20Federal%20-%20Testimonial.png) ![](https://45060328.fs1.hubspotusercontent-na1.net/hub/45060328/hubfs/Financial%20Institutions/Testimonials%20-%20Landing%20Pages/Pendleton%20Community%20Bank%20-%20Testimonial.png?width=1200&length=1200&name=Pendleton%20Community%20Bank%20-%20Testimonial.png) ![](https://45060328.fs1.hubspotusercontent-na1.net/hub/45060328/hubfs/Financial%20Institutions/Testimonials%20-%20Landing%20Pages/Peoples%20Bank%20Texas%20-%20Testimonial.png?width=1200&length=1200&name=Peoples%20Bank%20Texas%20-%20Testimonial.png) ![Regulatory Compliance Reports Cover Image](https://marketing.saltmarshadvisors.com/hs-fs/hubfs/Regulatory%20Compliance%20Reports/Regulatory%20Compliance%20Reports%20Cover%20Image.png?width=1080&height=1080&name=Regulatory%20Compliance%20Reports%20Cover%20Image.png) ## Get the Most Recent Updates at a Glance *Recent & Upcoming Regulatory Compliance Changes – Quarterly Update* This document includesconcise summaries of **the most material developments** over the past quarter. It’s ideal for those who need a quick, focused view of what’s changed since the last report. **What’s inside:** - Key updates from CFPB, OCC, FDIC, FRB, and HUD - Effective dates and impact levels - Hyperlinked citations to original rules - Summaries of rescinded, vacated, or delayed provisions [Download Now](https://marketing.saltmarshadvisors.com/regulatory-compliance-reports) ## Where Regulatory Insight Meets Real-World Banking Experience At Saltmarsh, our team combines deep regulatory knowledge with decades of real-world banking experience — giving us the insight to spot issues, ask better questions, and provide practical solutions that work in the field, not just on paper.   Clients choose Saltmarsh because we don’t just identify gaps. We help you close them. Our reviews are thorough but collaborative, focused on strengthening your program without overburdening your team. Whether you’re preparing for an exam or simply looking to validate your systems and controls, we deliver clarity, confidence, and ongoing support. ## Compliance Experts You Can Count On Our BSA/AML professionals bring decades of experience working inside financial institutions and alongside regulators. With deep expertise in risk management, internal controls, and regulatory expectations, the Saltmarsh team delivers practical, thoughtful support tailored to your institution’s needs. ![Stogniew, Kristen-1](https://marketing.saltmarshadvisors.com/hs-fs/hubfs/Staff%20Headshots/Staff%20-%20Financial%20Institutions/Stogniew%2c%20Kristen-1.jpeg?width=1655&height=1924&name=Stogniew%2c%20Kristen-1.jpeg) #### Kristen Stogniew, Esq., CFE ##### Partner Kristen is a shareholder and leader of Saltmarsh’s Financial Institution Consulting practice, with over 25 years of experience advising banks, credit unions, and fintechs on legal, operational, and compliance matters. She also provides tailored training, mentorship, and facilitates user groups across key systems and risk areas. ![Helms-Macbeth, Stephen](https://marketing.saltmarshadvisors.com/hs-fs/hubfs/Staff%20Headshots/Staff%20-%20Financial%20Institutions/Helms-Macbeth%2c%20Stephen.jpeg?width=1660&height=1924&name=Helms-Macbeth%2c%20Stephen.jpeg) #### Stephen Helms-MacBeth, CRCM, CAFP ##### Manager Stephen is a manager in the Financial Institution Advisory Group. Since 1992, his expertise has been on compliance, operations, and policies and procedures within the financial institutions industry. Stephen provides the firm’s financial institution clients with services related to BSA, AML, CFT, OFAC compliance, and other banking compliance reviews. ## Ready for a Stronger BSA/AML/CFT Compliance Program? Our mission is to deliver first-class service with a personal touch. Backed by deep expertise, our BSA professionals take a risk-based approach tailored to your institution’s unique needs so you can move forward with confidence in today’s evolving BSA/AML/CFT regulatory landscape. Let us help you stay ahead of emerging threats and ongoing compliance challenges with clarity, insight, and unwavering support. ## **Insights** #### [FAQs: Work with Saltmarsh's Financial Institution Advisory Team](https://www.saltmarshadvisors.com/news/blog/faqs__financial_institution_advisory.asp) Written on 1/20/2026 #### [What the FDICIA's Part 363 Updates Mean for Banks](https://www.saltmarshadvisors.com/news/blog/fdic_part_363_requirements.asp) Written on 1/2/2026 #### [Celebrating 20 Years of BankTalk](https://www.saltmarshadvisors.com/news/blog/banktalk2025recap.asp) Written on 9/10/2025 #### [Excellence in Financial Institutions Consulting](https://www.saltmarshadvisors.com/news/blog/celebrating_excellence_fi.asp) Written on 8/27/2025   **[View All Insights](https://www.saltmarshadvisors.com/news/blog/_all.asp)** ### **Stay Up To Date with the Financial Institution Industry** Join our email list for banks or credit unions to receive quarterly insights and information on upcoming events from our team of experts to help you succeed in this ever-changing environment. **[Banks](https://www.saltmarshadvisors.com/news/blog/_all.asp)    [Credit Unions](https://www.saltmarshadvisors.com/news/blog/_all.asp)** [![SM Horizonal Ledger Web](https://marketing.saltmarshadvisors.com/hubfs/Company%20Branding/SM%20Horizonal%20Ledger%20Web.png)](https://www.saltmarshadvisors.com/) - [Privacy Policy](https://www.saltmarshcpa.com/privacy/) © 2026 Saltmarsh. All Rights Reserved | Saltmarsh is the brand name under which Saltmarsh CPAs, Inc. and Saltmarsh, Cleaveland & Gund provide professional services. Saltmarsh CPAs, Inc. and Saltmarsh, Cleaveland & Gund practice as an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable law, regulations and professional standards. Saltmarsh CPAs, Inc. is a licensed independent CPA firm that provides attest services to its clients. Saltmarsh, Cleaveland & Gund and its subsidiary entities, which are not licensed CPA firms, provide tax, advisory, and other non-attest services to its clients. The entities falling under the Saltmarsh brand are independently owned and are not liable for the services provided by any other entity providing the services under the Saltmarsh brand. 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