AML/Sanctions Fixers:
Dodging Drama, Delivering Results
Delivering effectiveness-focused AML/Sanctions advisory services so your firm can thrive.
Global Clients
- Banks (TradFis)
- FinTechs
- Payment Firms
- RegTechs
- Trust & Private Banking
- Insurance Firms
- Securities & Investment Firms
Tailored Solutions
Expertly crafted solutions for effective AML/Sanctions compliance positioning.
- Remediations
- New products/services
- Payment Advisory
- BaaS partner readiness
- AML validations
- Risk Assessments
- Sanctions frameworks
Speaking Engagements: Gaining Momentum with Expert Insights
About Sarah Beth
Sarah Beth Felix, holding a master’s in forensic studies and CAMS certification for over 20 years, leads in finding dirty money with her AML and Sanctions innovations. Beyond Palmera Consulting, she impacts the field through speaking and lecturing, sharing her expertise and inspiring action against financial crime.
- Sarah Beth Felix brings over 20 years of experience to tackle AML and sanctions challenges in banks and fintech.
- At Palmera Consulting, she pioneers AML/Sanctions strategies, notably in alternative payment systems.
- Co-founding Acceleron Bank (in formation) and Hyper-S Research, she advances industry compliance and financial crime prevention.
Proactively Driving Compliance Through Expertise in AML and Sanctions Challenges
We're here to guide you through every step, ensuring your operations not only meet but exceed compliance standards. Let's safeguard your business against costly penalties and enhance its regulatory resilience.
Staggering $25 Billion in AML Penalties: A stark reminder of the costly consequences of non-compliance. Ensure your firm isn't next.
$2.5 Billion in Sanctions Penalties: Highlighting the high stakes of regulatory oversight. Navigate the complexities with us to stay clear of financial fallout.
Innovative Insights: Highlighting Strategic Solutions
OFAC issued the MAX penalty
Happy Friday? Two things: U.S. Department of the Treasury OFAC issued the MAX penalty of ~$216MM to a US-based VC fund GVA Capital. This is the longest period of time between OFAC penalties (it’s been a solid 5 months since the last one). Finally, a penalty to operationalize and learn from… and secondly, we have another episode up on FinCrime Unfiltered tying in risk assessments to whitewater rafting, Iranian oil smuggling schemes, and lessons learned from a consent order for Cheyenne State Bank.
The breakdown of the Federal Deposit Insurance Corporation
The breakdown of the Federal Deposit Insurance Corporation (FDIC)‘s consent order for Quaint Oak Bank in PA is below. While this order comes under the new administration, if you read between the lines (timelines), it really is from the prior administration, given that the exam issues were from mid-2023. A few lessons learned and reminders for all banks and CU
Avoid Penalties
Now
Sarah Beth Felix’s insights and achievements have been featured in renowned publications such as Financial Times, WSJ, CNBC, Reuters, and The Washington Post, among other esteemed outlets.
