AML compliance

Our AML oversight team conducts evaluations of an organisation’s policies, procedures, and controls related to preventing, detecting, and reporting money laundering activities with the objective to comply with laws and regulations related to the prevention of money laundering.

The aim of the AML audit is to identify any weaknesses or shortcomings in the organisation’s AML compliance efforts and to provide appropriate recommendations for improvement.

In standard cases we can audit the AML policy (how the regulations apply), the AML procedures (how to onboard and monitor customers), and the AML business risk assessment (analysing the risks associated with customers, products, jurisdictions, delivery channels, and transactions, as well as explaining mitigating measures).

An AML audit may also be required by regulatory bodies or financial institutions as a condition for doing business with them.

Our team is comprised of certified AML specialists. Our extensive knowledge of AML compliance requirements in multiple sectors enables us to create a custom approach for each client’s unique business model.

We offer outsourcing packages for VASPs, regulated companies and financial institutions seeking solutions for employment of Compliance Officers (CO) and Money Laundering Reporting Officers (MLRO) to fulfil regulatory requirements.

Our MLROs have a strong track record of working with local authorities, regulators, and undergoing audits. They have regional expertise and have been vetted by local regulatory bodies.

We seek to match the requirements of your company with the experience and background required by the regulatory framework and the outsourced consultants work in partnership with the existing team (e.g. already existing back-office).

Our team is comprised of certified AML specialists. Our extensive knowledge of AML compliance requirements in multiple sectors enables us to create a custom approach for each client’s unique business model.

AML training is mandatory by law for most licensed participants in the financial sector. Our training courses are created by compliance experts and we offer both standard as well as customized training options to meet the specific needs of the organization.

Our AML/CTF training courses are designed to provide comprehensive and practical knowledge to management and staff in various industries. We use real world examples to help participants understand and stay up to date with the latest trends.

Our courses are specifically tailored for businesses in sectors such as virtual asset service providers (VASPs), cryptocurrency exchanges, financial institutions, insurance, real estate and accounting companies.

Upon completing a training course, participants will receive an official certificate that is recognized by relevant regulatory bodies.