MISSION STATEMENT

quality, integrity, honesty, efficiency.

Our firm’s mission is to promote perpetual compliance through quality, integrity, honesty, and efficiency.

Our firm specializes in assisting financial institutions with the mitigation of financial crime risk and ensuring ongoing adherence to U.S. regulatory requirements. Our services encompass client investigations, account monitoring, high-risk customer reviews, assessments of Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) programs, regulatory compliance, and other related areas.

VISION STATEMENT

To foster a worldwide culture of compliance through the provisions of efficient and quality services focused on integrity and principle.

Our vision is to be the best advisory firm in the industry where the benefits of complying will not only be perceived as a necessary cost, but rather as the investment in the pursuit of pristine repute. 

OUR SERVICES

Areas of Expertise

  • TRANSACTION MONITORING

  • DUE DILIGENCE (DD)/ ENHANCED DUE DILIGENCE (EDD)

  • HIGH-RISK CUSTOMER REVIEWS

  • CONCENTRATION ACCOUNT REVIEWS

  • INVESTIGATIONS

  • SAR PREPARATION AND FILING

  • COMPLIANCE PROGRAM ASSESSMENTS

  • RISK ASSESSMENTS

  • STAFFING ASSESSMENTS

  • POLICIES AND PROCEDURES

  • TRAINING

CEO & FOUNDER

Fidias Cuarezma

Fidias Cuarezma, founder and CEO of Abidance Advisory, boasts more than 16 years of specialized expertise in Bank Secrecy Act (BSA) and Anti Money Laundering (AML) within the financial services sector. His focus revolves around analysis, documentation reviews, investigations, and control testing, all aimed at mitigating the risks posed by financial crimes to both international and domestic financial institutions. This approach effectively safeguards these institutions from potential fines and other regulatory demands. Throughout his career, his contributions have been pivotal in improving compliance deficiencies and validating corrective actions associated with both domestic and foreign financial institutions, foreign correspondent banks, transaction monitoring solutions, OFAC procedures, and AML risk assessments.

Mr. Cuarezma initiated his career at Banco del Credito del Peru (BCP), where he spent seven 7 years as a Compliance Analyst. Starting as a clerk, he was allowed to learn the basic analysis of transaction monitoring, which then flourished to learn more complex reviews.  During this time, he was responsible for investigating financial transactions, validating compliance alerts, and carrying out ongoing compliance reviews of high-risk customers. While at BCP, he attended Florida International University in pursuit of a B.A. in Finance.

Bringing extensive work experience to the firm’s clients, Mr. Cuarezma has served as a project consultant for over ten 10 years at domestic and international banks, including but not limited to Banco Santander International, Eastern National Bank, Brickell Bank (formerly Banco Esipirito Santo), and Helm Bank USA. His previous role as a Due Diligence Analyst for Bank United, N.A. involved a focus on AML screening, customer due diligence, and Know-Your-Customer documentation for the bank’s customers.

Mr. Cuarezma currently holds a B.A. in Finance from Florida International University and is fluent in both English and Spanish, which facilitates effective communication across diverse international markets. His list of certifications includes a Certified Anti-Money Laundering Specialist (CAMS) and a FIBA - FIU Anti Money Laundering Certified Associate (AMLCA), in addition to being FIBA Correspondent Banking AML-Certified. His expertise extends to aiding financial institutions in Latin America and the Caribbean, covering areas such as customer due diligence, high-risk reviews, complex and confidential investigations, suspicious activity monitoring and reporting, and evaluations of foreign correspondent banking relationships. Furthermore, his knowledge spans U.S. financial, economic, and commercial sanction regulations, including the BSA, USA PATRIOT Act, and OFAC.

Abidance

noun

abid· ance ə-ˈbī-dᵊn(t)s 

Synonyms of abidance

1. an act or state of abiding: CONTINUANCE

2. COMPLIANCE

abidance by the rules

CONTACT US

Have questions?
We are ready to assist you

For any inquiries or assistance, please feel free to reach out to us directly via email or by completing the contact form. We are committed to responding promptly and look forward to assisting you with your needs.

Phone: (305) 582-5236

Email: fcuarezma@abidanceadvisory.com