Let's take a deeper view at Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) Services. The prevention of money laundering and terrorism financing is now a major obligation for all businesses and non-profits. Regulations in this area have become increasingly stringent and it can be a challenge to keep up with compliance requirements.
In many jurisdictions, intermediaries such as banks and professional firms, as well as financial and non-financial firms, have been placed under a duty to report potential instances of money laundering. The approach to the problem varies, but to meet their obligations in this regard, many firms have dedicated anti-money laundering (AML/CFT) staff and procedures in place.
AlphaLAW can help you reduce your organisation's AML, terrorist financing and sanctions risks and improve your ability to meet increased regulatory obligations with appropriate policies and controls, including robust Know Your Client (KYC) policies and procedures.
Our team members have extensive AML backgrounds and include Certified Anti-Money Laundering Specialists (CAMS) and experienced professionals who have worked in a variety of high risk AML/CFT environments.