AML Structure Auditing

It is more critical than ever that your financial institution has a strong, comprehensive Anti-Money Laundering (AML) audit process.

AML/CFT program and gap analysis of scalability

AML/CFT programs must adapt to change as financial institutions grow, both organically and through acquisition. We can help identify gaps that need to be addressed by performing an assessment of your AML/CFT program in its current state and comparing it to the AML/CFT program you will need in the future.

What is Money Laundering

Probably first used during Watergate Scandal in 1973, Money Laundering has negative business, economic, and social consequences. So, let’s take a look, what the Money Laundering actually is

Alpha UMi - Fintech Services Advisory Group in EstoniaMakhmud Makhmudov

Independent AML/CFT Audit of Compliance Program

The audit provides you with an independent assessment of your AML/CFT compliance program. It is an opportunity for you to get another look at how well your AML/CFT program is designed and working. Our audits are able to identify deficiencies, if any. In addition, we also look for new risk factors and find ways that you can mitigate them. We also identify areas where there are loopholes that may require further training for the company's employees. Laws and regulations are constantly changing and being updated. The regulatory environment is very dynamic, so an AML/CFT program must be continuously monitored and evaluated to ensure it remains functionally useful to the company.

Combating the Financing of Terrorism (CFT)

Combating the Financing of Terrorism is deterring and preventing funding of activities intended to achieve religious or ideological goals through violence.

InvestopediaJulia Kagan

We help companies with their Anti-Money Laundering (AML) programs by assisting them with policies, controls, procedures and processes. Program and testing services include:

Compliance program testing
Risk assessments
Content responses to engagements
Compliance testing
Model validation