Regular Membership Who qualifies for
Regular Membership in FiSCA? Any financial service
provider that offers check cashing and/or payday advances qualifies for
Regular Membership. Members' operations and practices must comply
with all federal, state, and local laws and regulations. In
addition, members must agree to adhere to FiSCA’s Codes of Conduct
and other standards and best practices which are adopted and issued by
FiSCA subsequently for the benefit of the financial service center
industry and its customers.
Annual Dues for
Regular Membership:
$330 per location
Members must pay for all owned
locations.
What are the Benefits of
FiSCA membership?
Regular Members of FiSCA receive all of
the following: The 2012 FiSCA Compliance
“Toolbox”FiSCA's comprehensive compliance
materials have long been hailed as the “gold standard”
by banks, regulators and even competitors! The 2012 Compliance Toolbox
includes:
FiSCA Model Compliance Program Manual
– To assist you in developing a AML compliance program tailored to
your unique business. Includes sections on new “prepaid
access” requirements, “risk assessment” policies,
Office of Foreign Assets (OFAC) requirements, and other key areas.
FiSCA Risk Assessment Matrix – To help
you in performing an assessment of your business’s particular AML
risk profile, including number of products/services provided and
geographic area served. FinCEN and IRS recommend that all
“money services businesses” conduct an internal risk
assessment as part of your AML program.
FiSCA Compliance
Program Review Checklist – Federal AML regulations
require that your compliance program is the subject of a periodic,
independent review to ensure that it is properly functioning. This
checklist will help you in completing and documenting this process.
FiSCA Employee Compliance Training Manual – Federal
AML regulations also require that money services businesses maintain an
ongoing employee training program. The FiSCA training manual will
help educate your employees on the core AML requirements, including
identification of suspicious activities and currency transaction
reporting.
FiSCA Anti-Money Laundering Compliance
Examinations 1 – We have developed two different
examinations to help you ensure that your employees are knowledgeable in
the key AML areas.
FiSCA Anti-Money Laundering Compliance
Examinations 2 – We have developed two different
examinations to help you ensure that your employees are knowledgeable in
the key AML areas. Up-to-the-minute industry intelligence
through:• Member
access to FiSCA legal experts, who are available to assist members with
bank termination, tax refund fraud, and many more business issues.
• Subscription to FiSCA’s industry leading magazine,
Currents.
• Subscription to FiSCA’s member-only electronic
newsletter, e-currents.
• Members-only FiSCA newsclips.
• Members-only access to FiSCA website for key resources and
important publications.
• Member opportunity to offer a National Savings Program via
NetSpend Pre-Paid All Access Debit Card.
• Exclusive member opportunity to participate in the FiSCA
National Pharmacy Discount Program, which generates revenue for your
business, while providing a valuable service to your customers and
community
Major discounts on major industry events and
programs:I want to Join
Now!
(Printable
Regular Membership Application)
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