AML / Compliance Officer Services

Anti Money Laundering (AML)

Anti-Money Laundering (“AML”) encompasses a comprehensive set of legal measures, procedures and regulations designed to block the entry of unlawfully acquired funds into the financial system. The scope of AML efforts spans a diverse range of criminal activities, including corruption, tax fraud, market manipulation, illicit trade, and any attempts to disguise the origins of these funds. AML checks are an essential aspect of customer due diligence.

Compliance Officer

The amount of money laundered globally in one year is believed to be 2% to 5% of global GDP, or $800 billion to $2 trillion. To comply with primary AML national and international legislation, our team of professionals will assist by acting as a compliance officer along with taking the following measures:

• Ensure strong mechanisms for screening transactions and software filters.
• Strong Know Your Consumers (KYC) methods to verify, identify and check customers or businesses against sanctions and watchlists.
• Identify ultimate beneficiaries for legal companies through due diligence.
• Demonstrate that the business took every effort to avoid money laundering-related actions.
• Preserve all documentation pertaining to the identification of its clients and transactions.

Money Laundering Reporting Officer (“MLRO”)

By acting as an MLRO, we will ensure independent monitoring and oversight of AML processes. our team of professionals will undertake the responsibilities of-

• Risk assessment.
• Ensure customers know and execute Customer Due Diligence.
• Make reports to law enforcement. 

WHAT WE DO

Our team can assist on-

• Designing an AML compliance program
• Acting as an MLRO and MLCO for your company
• Assess level of risk in a business
• Perform due diligence.

HOW CAN WE HELP

• Our team can help design and implement comprehensive AML compliance programs tailored to the specific needs of a client. This includes creating policies, procedures, and internal controls to detect and prevent money laundering activities.
• Our professionals can conduct risk assessments to identify potential AML vulnerabilities within a business or organization. Our team can analyze the client’s operations, customers, and transactions to assess the level of risk and recommend appropriate risk mitigation strategies.

Our team of professionals can assist in performing due diligence to ensure they are not involved in money laundering or other financial crimes.