What We Can Do for Your Business

Compliance Program Development

Banking Documentation Preparation

Risk Story Development

Ongoing Banking Relationship Support

What We Will Not Do

Some businesses may benefit from establishing or strengthening compliance frameworks before approaching financial institutions.

Auson may assist with:

● BSA/AML policies and procedures

● Customer identification

● Customer due diligence

● Enhanced due diligence

● OFAC and sanctions controls

● Transaction monitoring considerations

● Suspicious activity escalation

● Recordkeeping

● Risk assessments

● Training

● Governance and oversight

A strong banking relationship begins with transparency.

We help businesses organize and present information that may be requested during financial institution due diligence.

This can include helping businesses prepare:

● Company background information

● Ownership documentation

● Business descriptions

● Source of funds explanations

● Expected account activity

● Flow-of-funds narratives

● Customer profiles

● Compliance documentation

● Risk management information

● Licensing or regulatory information

Banks do not only want documents. They want to understand the business.

Auson helps clients clearly explain:

● What the business does

● Who its customers are

● How money moves

● Where funds come from

● Why the business needs the account

● What activity the bank should expect

● What risks exist

● How those risks are managed

This creates a more complete and transparent picture for the financial institution evaluating the relationship.

Maintaining a banking relationship can require continued transparency and communication.

Auson can help businesses prepare for:

• Periodic reviews

• Requests for updated information

• Changes in ownership

• Changes in products or services

• New markets or geographies

• Significant transaction changes

• Compliance program updates

• Enhanced due diligence requests

Auson does not guarantee that a financial institution will open or maintain an account.

The decision to establish or continue a banking relationship belongs solely to the financial institution.

Our role is to help businesses become better prepared, more transparent, and better positioned to respond to financial institution due diligence.