Moorestown, NJ - July 27, 2009 - Through the coordination of the Financial Services Volunteer Corps (FSVC), members of ICS Compliance's leadership team met with The Central Bank of the Russian Federation in Philadelphia on Monday. President John Soffronoff and Director Natasha Taft presented to nearly 20 participants on the practical implementation of the Bank Secrecy Act (BSA) within bank compliance programs. The presentation focused on compliance controls over foreign exchange, as well as regulatory expectations.

"We were very excited to have the good fortune to present our compliance capabilities to the Central Bank of Russia and to contribute to the worthwhile activities of the FSVC," commented John Soffronoff. Andrew Cunningham, Managing Director of the FSVC, thanked ICS Compliance for assisting their program for Russian bankers. "[We have] done a lot in recent years to support reform and development of the Russian banking systems.but all of our work is dependent on people such as yourselves giving up your time to share your knowledge and experience. Thanks again."

ICS Compliance is the sole solution for compliance services to banks. With more than 100 regulatory experts trained in proven compliance methods, ICS Compliance offers a full-time Compliance Research and Development Center to help banks understand upcoming regulations during these unpredictable times. Such a resource pool gives you the confidence of more... more expertise, more knowledge, and more foresight.

ICS Compliance serves banks nationally from 14 offices, with administration and support of their compliance programs, beginning with an evaluation of compliance risks unique to their institutional structure. Other services offered include: CRA/fair lending, technology compliance, mortgage QC, wealth management, and BSA/AML independent testing. Compliance consulting and training are also available to work with internal compliance teams. Compliance isn't just a line of business, but a sole focus. If you want compliance confidence, then you want ICS Compliance!

For more information about how your bank can stay in compliance with federal regulations, contact Michael Pappolla, Director at: 856.220.2240 / mpappolla@ICScompliance.com.