Anti-Money Laundering Advisory

Compliance with Anti-Money Laundering (AML) standards and regulations continues to be a key issue for the firm(s) due to increased regulatory focus and the implementation of aggressive international sanctions makes AML compliance even more important and complicated..

Focus on AML by the UK regulator has sharply been amplified, and non-compliance resulting in penalties escalating into millions of pounds. There has never been a greater need for management to demonstrate effective; risk based anti-money laundering (AML) strategies.

How can we help?

We offer advisory services across the entire lifecycle of AML compliance, drawing on the breadth and depth of our AML capability to provide a comprehensive, risk based, cost effective and tailored service.

Our certified Anti-Money Laundering specialist and consultant with extensive international experience, exposer and knowledge in our team are standout experts in advising on AML advisory matters. We take pride in our reputation for building close relationships and delivering swift, detailed response to your AML challenges as they occur .

Our Services:

Policy and Procedures Benchmarking:
Find a model which meets regulatory requirements and is align to the firm’s risk appetite Advise on the maintenance or delegation of Anti-Money Laundering (AML) / Counter-Terrorism Financing (CTF) procedures

Risk Assessment:

Help development and assessment of AML / CTF and risk management systems
Provide detailed consideration of the key risk factors and the impact on mitigation plans and controls
Provide CDD & SAR retrospective reviews, including clearing backlogs, “refresh and/or remediation projects”

Suspicious activity Reporting:

Advise on suspicious activity reporting and reliance on relevant third-party obligations
Conduct mock regulatory and AML / CTF inspections
Manage the suspicious activity reporting process

System Optimisation:

Assist on specification/selection of transaction monitoring systems, CDD systems and fine-tuning of these in operation
Developing and accessing AML and risk management systems

Training:

Both input to firm-wide training and in-depth sessions for dedicated professionals
Know Your Customer (KYC), customer due diligence (CDD) and customer due diligence best practices
Advanced AML / CTF training for compliance and reporting officers

Regulatory Compliance Management:

Help client demonstrate active compliance with numerous, frequently changing, complex and interconnected financial crime regulations
Act as an ongoing liaison with regulators, competent authorities or other regulatory or investigative agencies
Provide annual AML inspection that is designed to test and evaluate an internal AML programme and related controls

For a free consultation to discuss your specific needs to implement AML and financial crime prevention framework, please reach out today for a free, no-obligation initial consultation.

Anti-Money Laundering Advisory