Analyzing financial records for fraud

Financial Crimes Solutions

Protect your organization, your customers, your community and the global economy. Bringing together industry-leading solutions and investigative experience to strengthen your control environment, prevent and detect financial crimes and reduce regulatory risk.

Anti-financial crime compliance is more than checking a regulatory box.

It’s a commitment to your community. An estimated $800 billion to $2 trillion is laundered every year by nefarious groups and individuals. Stay ahead of the curve with technology led solutions. Enabling you to focus on the risks unique to your institution and playing your part in fighting financial crime.

Baker Tilly’s Financial Crimes Unit consists of seasoned professionals who can design, implement and optimize a risk-based approach to preventing and detecting financial crimes and ensuring compliance.

Our services

Independent testing

  • Bank Secrecy Act (BSA) compliance
  • Office of Foreign Assets Control (OFAC ) compliance
  • Transaction monitoring system validation
  • Program development and enhancement

Program design, implementation and optimization

  • Risk assessment
  • Policies and procedures
  • Transaction monitoring system selection and implementation
  • Transaction monitoring system tuning

Governance and remediation

  • Customized board and employee training
  • Regulatory response
  • Enforcement action remediation and monitoring
  • Consent order remediation and validation
  • Look-back analysis
  • Fraud investigation

Outsourced and managed services

  • Know your customer (KYC), customer due diligence (CDD), enhanced due diligence (EDD)
  • Customer risk rating review
  • Continuous monitoring
  • Sanctions screening
  • Alert triage

Anti-bribery and anti-corruption services

  • Bank Bribery Act (BBA) Compliance
  • Foreign Corrupt Practices Act (FCPA)
  • Anti-corruption, anti-bribery solutions

Evolve your risk program

With an increasingly complex risk landscape, maintaining compliance is more difficult than ever. To address money-laundering and sanctions risks and keep clients ahead of the regulatory curve. Baker Tilly’s financial crimes specialists ensure robust procedures are designed and implemented, staff are properly trained and any suspicious activity or transactional red flags are proactively identified and swiftly investigated.

Baker Tilly meets you where you are in your compliance journey. Our programs are custom designed to protect organizations, whether you’re just starting out or have an established program. We work with organizations including banks, credit unions, attorneys, auto dealers, jewelers, casinos, cash-intensive businesses, money services businesses (MSBs) and more.

Areas of regulatory focus

Detect, monitor, mitigate, prevent and investigate solutions to regulator's current focus areas.

  • Sanctions
  • Cannabis-related businesses
  • Cryptocurrency
  • Training


In the ever-evolving geopolitical climate, complying with sanctions requirements is incredibly complex. We can help with everything with:

  • Assessing risk and building compliance programs
  • Testing policies and procedures
  • Performing outsourced screening if the volume of alerts is just too hard to manage.

Cannabis-related businesses

No matter the status of legalization in your state, we can help you understand the risks associated with doing business with marijuana related businesses, including:

  • Establishing policies and procedures to identify Tier 1, 2, or 3 MRB’s
  • Ensuring all compliance activities are optimized for reporting requirements


If you are a cryptocurrency exchange you need to establish a risk-based BSA/AML program and receive independent testing over it. If you are a financial institution that has crypto companies as a client, you know the risk landscape is distinctive and more due diligence is required. At Baker Tilly we can help both crypto firms and financial institutions with compliance. Including BSA/AML and sanctions requirements while ensuring all processes and technology are optimized to the particular risk profile of your organization.


Training is the backbone to preventing and detecting financial crimes. Proper training keeps your team informed of the latest risks impacting your industry. Additionally your team will understand how their roles can support regulatory requirements. Ultimately protecting your organization and the communities you serve.

Ready to connect about our BSA and AML solutions