AML Compliance for Financial Institutions

AML/CFT Program Design and Implementation: Developing and implementing comprehensive, risk-based AML/CFT policies, procedures, and controls.

Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) Frameworks: Designing and optimizing your KYC/CDD/EDD processes to ensure effective customer identification, verification, and risk profiling.

Transaction Monitoring System Optimization: Assisting with the selection, implementation, tuning, and ongoing optimization of your transaction monitoring systems to reduce false positives and identify genuinely suspicious activity.

Sanctions and Screening Solutions: Implementing and managing effective sanctions screening processes and tools to ensure compliance with global and local sanctions lists.

AML Risk Assessments: Conducting thorough institutional and product-specific AML risk assessments to identify vulnerabilities and inform your control framework.

Regulatory Reporting Assistance: Providing support with the preparation and submission of suspicious activity reports (SARs) and other required regulatory filings.

AML Training Programs: Developing and delivering customized AML/CFT training programs for your staff at all levels, ensuring a strong culture of compliance.

Independent Testing and Audits: Conducting independent reviews and audits of your AML program to assess its effectiveness and identify areas for improvement.

Gap Analysis and Remediation: Identifying gaps in your existing AML framework against regulatory requirements and industry best practices and developing remediation plans.

Advisory Services on Regulatory Changes: Providing expert advice and guidance on navigating new and evolving AML/CFT regulations and their impact on your operations.

Support for Regulatory Examinations:  Assisting your institution in preparing for and responding to regulatory examinations and inquiries.