Financial Crime Compliance - core products
Business/Enterprise wide financial crime risk assessments
FINANCIAL CRIME/Anti money laundering COMPLIANCE FRAMEWORK healthcheck ASSESSMENT
FINANCIAL CRIME/Anti money laundering COMPLIANCE FRAMEWORK healthcheck ASSESSMENT
If you are supervised for money laundering by HMRC or the FCA, your business will be required to have the appropriate risk assessments in place by law.
HMRC: "Businesses regulated by the Money Laundering Regulations must assess the risk that they could be used for money laundering, including terrorist financing"
https://www.gov.uk/guidance/money-laundering-regulations-risk-assessments
We are experts in producing both business/enterprise wide risk and customer risk assessments that will be tailored to your organisations sector and operating activities to satisfy your legal requirements in this area.
FINANCIAL CRIME/Anti money laundering COMPLIANCE FRAMEWORK healthcheck ASSESSMENT
FINANCIAL CRIME/Anti money laundering COMPLIANCE FRAMEWORK healthcheck ASSESSMENT
FINANCIAL CRIME/Anti money laundering COMPLIANCE FRAMEWORK healthcheck ASSESSMENT
We are able to offer a full assessment of your organisations financial crime/anti money laundering compliance control framework.
We will perform a high level or deep dive assessment dependent on the rates option that you choose. Upon completion of the assessment a report will be issued to provide a current state assessment of your organisations controls.
FINANCIAL CRIME/ANTI MONEY LAUNDERING POLICIES and procedures
FINANCIAL CRIME/Anti money laundering COMPLIANCE FRAMEWORK healthcheck ASSESSMENT
FINANCIAL CRIME/ANTI MONEY LAUNDERING POLICIES and procedures
We have produced, audited and modified financial crime/anti money laundering policies and procedures for a range of different firms and have extensive knowledge in this area.
We will use your organisations financial crime business risk assessment to appropriately inform financial crime/anti money laundering policies and procedures that sit downstream to form the most effective policy and controls for you.
SANCTIONS
Suspicious activity reports
FINANCIAL CRIME/ANTI MONEY LAUNDERING POLICIES and procedures
Advisory and support are available for financial and economic sanctions and we offer adaptable knowledge dependent on your business type.
We can advise upon and devise controls for trade export activities where risks are associated with military and dual use goods, or set-up high frequency payments screening software to monitor your transactional activity and alert you to sanctioned names that may be transacting via your organisation.
We have a full spectrum of sanctions knowledge and experience and would be happy to support you in monitoring, detection and communication with enforcement agencies such as OFSI, OFAC and The European Commission.
Suspicious activity reports
Suspicious activity reports
Suspicious activity reports
Support is available for your organisation in this important compliance controls area.
We can assist in setting up reporting portals that enable your organisation to report suspicious activities to the National Crime Agency. In addition we can design and provide all operational controls and tools that you organisation will need to carry out this important compliance control function efficiently.
transaction monitoring
Suspicious activity reports
Suspicious activity reports
We offer operational support for TM alert backlog grooming and quality assurance testing in this area.
Our consultants are well versed in lines 1, 2 and 3 for this compliance control and can assist in full range of functions.
Having worked with a great number of transaction monitoring and screening providers in big banking and fintech payments firms, whether you need assistance setting up from scratch or fine tuning we are on hand to support you.