Programs
AML programs, CIP and beneficial ownership
Program elements for money services businesses and banks, customer identification, and customer due diligence.
Compliance & AML Advisory · Technology
Compliance Assistant
BSA/AML answers in your own Slack channel, for payments, money services, fintech and stablecoin compliance teams. Ask a question by mentioning @Forteris. The answer is drafted only from the primary sources in Forteris’s library, cites every source, and is reviewed by Forteris before it is posted to you.
Information, not legal advice. The assistant gives general information drawn from the sources in Forteris’s library. Forteris is not a law firm. Questions that need a legal opinion go to your counsel.
How it works
A question in, a reviewed answer back.
Step 1
Ask in your channel
- Mention @Forteris in the private Slack channel your team shares with Forteris
- The assistant confirms in the thread that an answer is being prepared
Step 2
Drafted from the library only
- The draft may rely only on text read from the library: the regulations, statutes and agency documents themselves, and Forteris’s checked passages. Never the model’s own memory
- Each statement cites the regulation, statute or agency document it comes from, and every quotation is checked word for word against that source
- Where the library does not cover the question, the draft says so instead of guessing
Step 3
Reviewed by Forteris
- Every draft comes to Forteris before anything is posted
- Forteris posts it, edits it, or answers the question directly
Step 4
Answered in your thread
- The answer arrives in the same thread, with numbered sources linking to the primary text
The library
More than 500 primary sources, and more than 400 checked passages.
The library holds the primary sources themselves: the Code of Federal Regulations, the U.S. Code, the Federal Register, FinCEN guidance, advisories and rulings, OFAC guidance, the FFIEC BSA/AML Examination Manual, and state money transmission laws. Alongside them are Forteris’s own passages, which point the assistant to the rules that apply. Nothing in those passages is published until it has been checked against its source. Each rule in the core library is verified against the source text, with the exact quote recorded. Each topic passage is compared against its sources in three separate automated checks (the law, the logic, and how a reader would take it), with every quotation matched word for word, and a passage that fails any check is not published.
Reporting
SARs, CTRs and structuring
Thresholds, deadlines, continuing activity, confidentiality and the safe harbor, for MSBs and banks.
Records
Funds transfers, the travel rule and prepaid access
What must be recorded, kept and passed on, and for how long.
Information sharing
314(a) and 314(b)
Who must search, how fast, and when institutions may share with each other.
Sanctions
OFAC compliance
Blocking and rejecting, reports and deadlines, the 50 percent rule, and records.
Licensing
State money transmission
The model Money Transmission Modernization Act, the statutes of California, New York, Texas, Florida and Washington, and the laws and bills of more than 35 other states.
Stablecoins
The GENIUS Act
Payment stablecoins, permitted issuers, reserves, Bank Secrecy Act treatment, the state regime, and the first implementing rules.
Bank partners
Sponsor banks and correspondent accounts
The interagency third-party guidance, correspondent and private banking due diligence, and politically exposed persons.
New FinCEN, OFAC and Federal Register documents, and amendments to the regulations in the library, are added every day. Each checked passage records the version of the source it was checked against, and a weekly watch of those sources flags passages for a fresh check when a source changes.
What it is not
Where the line is.
Not legal advice
Answers are general information drawn from the library. Forteris is not a law firm, and a question that needs a legal opinion goes to your counsel.
Not a decision on your facts
The assistant does not decide whether to file a SAR, whether your company is compliant, or what a regulator will do. Where the answer turns on your facts, it says which facts matter, and Forteris can follow up.
Not instant
Every answer is reviewed by Forteris before it is posted, so answers arrive after that review, not in seconds.
Not a place for customer data
Your question is sent to an AI model Forteris uses to draft answers, together with text from the library, and from your own policies and procedures only if your company has given them to Forteris for this. Please leave customer names, account numbers and anything about a specific SAR out of questions.
Free trial
Try it with your own questions.
Compliance Assistant
Free for 14 days or 10 questions
Forteris sets up a private Slack channel shared with your team and switches the assistant on. Ask the questions your team actually has. The trial ends after 14 days or 10 questions, whichever comes first, and nothing is charged.
Start a free trial- During the trial
- The same assistant and the same review as for clients
- When it ends
- The assistant says so if your team asks another question, and Forteris gets in touch
- After the trial
- On its own or alongside a Forteris engagement, with the scope and fee confirmed in writing
- What you need
- A Slack workspace that can share a channel with Forteris
Ongoing use is formed only by a signed written agreement, which sets the scope and fee.
Request your free trial
Tell us who you are and we will set up your private Slack channel. No payment details, and nothing is charged during the trial.
Questions
Common questions.
What happens when the library does not cover my question?
The draft says what the library covers and what it does not, instead of filling the gap. Forteris sees that in review and can answer directly, follow up with you, or add the topic to the library.
How current is it?
New FinCEN, OFAC and Federal Register documents, and amendments to the regulations in the library, are added every day. Each checked passage records the version of the source it was checked against, and a weekly watch of the sources flags any passage whose source has changed so it can be checked again before it is relied on.
Can it answer state licensing questions for any state?
Today the library holds the model Money Transmission Modernization Act, checked passages on the money transmission statutes of California, New York, Texas, Florida and Washington, and the text of the money transmission laws and bills of more than 35 other states. Where the library does not cover a state, the assistant says so, and Forteris can follow up.
Who sees our questions?
Your team and Forteris, in your private channel. To draft an answer, the question is sent to an AI model Forteris uses, together with text from the library. Your own documents are sent only if your company has given Forteris its policies or procedures for the assistant to use. Questions and answers are kept in Forteris’s systems so Forteris can review them and improve the library.
Does it replace our compliance officer or Forteris’s advisory work?
No. It answers the reference questions a compliance team asks every week, quickly and with sources. Judgment on your own facts, program work and exam support stay with your compliance lead and, where you engage Forteris, with Forteris. See the outsourced BSA officer service.
Engage
Try the Compliance Assistant.
Start a free trial, or book a short call to see whether it fits how your team works.
Start a free trial14 days or 10 questions
Book a discovery call30 minutes, no charge
Check whether you need to register as an MSBFree, about 5 minutes
Direct contact
[email protected]Before you write
Please leave customer details, and anything about a SAR, out of a first email.
Confidentiality
All inbound inquiries are treated as confidential.
Not legal advice
This page is information, not legal advice. Forteris is not a law firm.