Our compliance team can carry out independent AML diagnostic exercises for clients. We review AML policies, business risk assessments, training, record retention, sanction screening and sample CDD testing evaluating compliance with the local and EU AML Framework. Our AML risk assessments are in line with regulatory requirements and best practices.
We can help prepare or update clients’ policies and procedures (e.g. AML Policy), ensure compliance with regulatory requirements, enhance the function and performance of monitoring systems and processes, elevate quality of in house AML audits, design and implement effective customer due diligence processes, carry out background checks on legal or physical persons to support KYC procedures, and train people.
