Anti-Money Laundering Advisory

Money laundering occurs when criminals disguise the origins and ownership of funds to legitimize illicit activities. Financial institutions are expected and have additional responsibilities to design and implement effective Anti-Money Laundering(AML) compliance programs which addresses organizational needs.

Many countries already have in place the Anti-Money Laundering and Counter-Terrorism Financing legislation which clearly means that there are stringent obligations that need to be met.

We help client understand how money launderers and the financiers of terrorism could be exploiting vulnerabilities in their organizations. The institutions and their management recognize that failure to maintain an effective AML compliance could lead to serious legal consequences along with decrease credibility.

We work with clients to identify, manage and mitigate their AML/CTF risk exposures in the line with requirements and industry practices. We assist the intuitions in implementing robust compliance with AML policies by

  • Identifying money laundering risk

  • Detecting suspicious activity

  • Reporting of suspicious transactions

  • Complying with regulations and leveraging technology

  • Identification of customers

  • Training of staff

  • Ongoing monitoring of transactions

  • Regulatory and remedial services, including investigations.