Compliance Services

Stout approaches compliance matters with the goal of providing an accurate assessment of an organization's adherence to mandates, contracts, or regulations. Our independence and objectivity are paramount to achieving successful outcomes.

Anti-Money Laundering

Stout's understands the ongoing compliance and regulatory issues related to the Bank Secrecy Act (BSA), USA PATRIOT Act, Anti-Money Laundering (AML), Counter-Terrorism Financing (CTF), and Office of Foreign Assets Control (OFAC) Sanctions laws, regulations, and best practices.

Our services help organizations prevent, detect, respond to, and remediate adverse examination findings, regulatory scrutiny, fraud, misconduct, and other illegal acts. We regularly work with financial institutions of all types and sizes, including, diversified global banks, regional banks, community banks, credit unions, bankers' and correspondent banks, money services businesses (including those dealing with virtual currencies), casinos, broker-dealers, precious metals dealers, payment processors, and loan originators and servicers.

We regularly assist clients with:

  • Independent testing
  • Remediating regulatory examination findings, including Consent Order remediation
  • Performing a gap assessment or look-back
  • Transaction monitoring system vendor selection, implementation, customization and optimization
  • Independent model validation
  • Developing or enhancing policies, procedures, and processes
  • Conducting a BSA/AML/OFAC risk assessment
  • BSA/AML related capabilities, governance, and staffing assessment
  • Employee and board training
  • Outsourced assistance including alert investigations, CDD and EDD reviews, and SAR drafting
  • Vendor due diligence
  • Litigation and regulatory enforcement support
  • Expert witness services

Contract Compliance

To realize the full benefit of commercial contracts, companies must do more than negotiate and agree to terms. They must ensure that all parties are fully complying with those terms. However, determining and enforcing contract compliance can be a complicated undertaking—particularly for companies that enter into large, complex contracts across multiple jurisdictions.

Stout professionals have the experience and financial expertise to determine compliance for even the most complex contracts while maintaining a positive relationship between the parties. In the event compliance reviews result in disputes, we have extensive experience in determining financial damages and testifying to defend our analyses.

We have experience auditing, analyzing, and providing testimony regarding contracts such as:

  • License agreements
  • Royalty agreements
  • Software licenses
  • Earnouts
  • Supply and procurement contracts
  • Distributor and sales agent contracts
  • Digital distribution rights
  • Contract manufacturing agreements
  • Leasing agreements