Our services include

Our AML/ AFC assurance skills include:

Assessment

  • Review implementation of comprehensive register of legal and regulatory obligations
  • Ensure an adequate governance framework
  • Assess AML/AFC compliance controls against regulatory expectations
  • Evaluate high-level systems and controls relating to AML/AFC
  • Assess “Three Lines of Defense” model
  • Ensure staff are matched to legally required skillsets and obligations
  • Establish a viable investigation capacity
  • Ensure the Board and senior management receive appropriate and accurate information related to AML and AFC
  • Review the risk assessment process
  • Evaluate “Tone from the top”
  • Deep dive to understand what went wrong and why

Remediation

  • Overall implementation of comprehensive register of legal and regulatory obligations
  • Review organisational structure to ensure appropriate committee structures, management oversight, reporting lines and resourcing for AML/ AFC regionally and globally
  • KYC
  • Surveillances
    • Transaction Monitoring
    • Transaction Filtering
    • Name List Screening
  • Controls testing
  • Quality assurance testing
  • Monitor implementation and changes to create a positive, ethical culture
  • Enterprise Risk Management Framework (ERMF)
  • Ongoing management of data issues