Compliance and AML

We offer advisory and outsourced compliance officer and Money Laundering Reporting Officer services to financial and non-financial firms. Our seasoned compliance officers are registered with your regulator in such capacity and function as your interface with the regulator concerning outsourcing. Overall, our goal is to support your commercial objectives and safeguard your firm’s regulatory interests and reputation.

Anti-money laundering and sanctions (“AML”) compliance has received significant regulatory focus since the 2008 financial crisis. An inefficient AML program can hinder business, reduce profit margins, and generally add significant operational costs.

We specialise in creating customised, risk-based programs and focus on cost control and operational efficiency. Our AML program consists of policies that enable senior management to imbed the required culture within an organisation. Our procedures are focused, step-by-step guides that facilitate policy execution and are not “key employee dependent.” Our programs allow clients to comply with the regulatory requirements with a lean and efficient AML team.

Our team can help identify the appropriate automation tool, support its implementation and assist you in managing AML and sanction-related issues regardless of their complexity.

A robust policy and procedure framework is key to ensuring an organization’s success. Too often, regulatory policies and procedures focus on restating the rules and regulations without adequate consideration of the practical implications of execution.

Our philosophy is to create policies and procedures that are simple, clear, and effective and that emphasize reducing execution gaps. This approach reduces regulatory risks that typically originate from inefficient programs and executions.

We focus on producing step-by-step guides to institutionalize the control environment, thus reducing reliance on individual staff members and enabling clients to achieve scale at a significantly lower cost.

Regulatory enforcement can significantly impact a firm’s reputation and can result in significant additional compliance costs. To help minimize the impact of such enforcements, we deploy a team of ex-regulators and industry practitioners specializing in enforcement matters and will provide robust guidance. Furthermore, we provide independent experts’ support to firms seeking to come out of regulatory enforcement.