Foreign Banks

Foreign Banking Organizations (FBOs) are a significant part of the United States’ banking system, providing a substantial flow of capital for U.S. businesses. In fact, the combined value of assets from foreign banks and their branches, agencies and representative offices exceeds $1 trillion. Undoubtedly, FBO’s face unique risks and challenges that require effective management and guidance.

We provide effective solutions to address the challenges that FBOs face as a result of layered regulatory monitoring, increased BSA/AML/OFAC requirements, a distributed IT environment, and distinct corporate governance. Our diverse team of skilled professionals deliver unique internal audit, risk management, and advisory solutions for the benefit of all FBO clients.