FINANCIAL CRIME COMPLIANCE
HOW WE DO IT
Financial crime poses one of the biggest risks to the integrity of your business and institution and the ever-evolving regulatory landscape presents a constant challenge to the efficacy of your Anti Financial Crime Program.
There are detailed requirements on customer due diligence, transaction monitoring, reporting suspicions of money laundering, preventing bribery and corruption, managing fraud risks and preventing market abuse that firms must adhere to. We work with our clients to identify and implement controls that will help them to actively manage their risks, that includes:
Conducting health checks to review financial crime risk across your firm; assessing current systems and controls against regulatory requirements, performing a gap analysis and recommend a plan of action
Ensuring governance is fit for purpose through a review of reporting lines and information flow across the organisation to ensure clear communication between the MLRO, the Board and responsible departments
Assessing policies and procedures, and work with you to enhance documentation in line with current best practice and regulatory expectations, tailored to your specific business
Training staff to understand risks, helping you to design a comprehensive training and assessment programme; training individuals and specialist teams to ensure a thorough understanding of the financial crime risks and controls within your firm
Helping our clients to protect themselves against financial crimes resulting from money laundering, terrorism, sanctions, and fraud while supporting growth and controlling costs
Our consultants are all industry practitioners, not ‘career consultants’, with deep subject matter expertise developed through ‘front-line’ experience, allowing us to offer a no-nonsense, balanced and commercially appealing advisory and consulting service to our clients.