Financial
Financial Crime Compliance Services
AML Consultants UK offers a complete set of Financial Crime Compliance (FCC) solutions to help you fight and mitigate money laundering, terrorist financing, and other financial crime risks.
We stay updated with the regulatory changes to ensure that our services align with the latest requirements and provide you exceptional support in financial crime compliance, understanding your business’s exposure to financial crime risks.
We stay updated with the regulatory changes to ensure that our services align with the latest requirements and provide you exceptional support in financial crime compliance, understanding your business’s exposure to financial crime risks.
As part of Financial Crime Compliance Services,
we cover:
Curating a business-specific AML/CFT/CPF policy and procedures
Conducting firm-wide risk assessment
Managed customer due diligence services
Developing and imparting comprehensive training on financial crime risk and its mitigation program
All the services that your business needs to stay compliant with anti-money laundering, counter financing of terrorism, and countering proliferation financing.
Why Financial Crime Compliance Matters?
Enhance Credibility
- With AML Consultants, you will always stand out as a trustworthy business that takes financial crime compliance with utmost seriousness and is an active participant in the global fight against money laundering, terrorist financing, and proliferation financing.
Risk Mitigation
- FCC is important to ensure that your business is safe from financial crime vulnerabilities. AML Consultants provides various services to shield your business from exploitation, such as conducting a firm-wide risk assessment to identify potential risks, imparting anti-financial crime training, providing support with regulatory reporting, etc.
Avoiding the Non-Compliance risk
- We help you stay compliant and safeguard your business from regulatory non-compliance. For that, we help you implement adequate preventive measures, such as AML, CFT, and CPF policy, controls and procedures and training to adequately and timely detect and report suspicious transactions and periodic AML health checks.
Finance Crime Compliance Solutions
Tailored to Your Business
Firm-Wide Risk Assessment
A firm-wide risk assessment or business-wide risk assessment is one of the core components of financial crime compliance. AML Consultants assists you in identifying the risks, analysing their likelihood and impact, and implementing the necessary controls to manage and mitigate the risks. As per the FWRA, we create business-tailored AML, CFT, and CPF Policies, Controls, and Procedures.
AML, CFT, and CPF Policies, Controls, and Procedures
We help you achieve financial crime compliance by drafting a formally written document containing policies, controls, and procedures based on identified risks, adopting a risk-based approach. It acts as the guide to all your business’s efforts and actions various employees must take to mitigate ML, TF, and PF risks.
Sanctions Compliance Consultancy
We provide sanctions compliance consultancy to meet the requirements of the HM Treasury - Office of Financial Sanctions Implementation (OFSI). AML Consultants help businesses remain compliant with the legal obligations arising out of the Sanctions and Anti-Money Laundering Act 2018 (Sanctions Act), Counter Terrorism Act 2008 (CTA 2008), and Anti-Terrorism, Crime and Security Act 2001 (ATCSA 2001).
Customer Due Diligence Service
Under our financial crime compliance portfolio, we help you conduct customer due diligence effectively to identify the customer and associated risks and help businesses mitigate risks efficiently at a reduced cost.
AML, CFT, and CPF Training
We provide AML, CFT, and CPF training to your employees as per your business’s unique needs, ensuring that we cover the latest regulatory amendments.
AML Software Selection
We help you select the right AML software to automate your AML compliance processes. AML Consultants help you with the selection of name screening software, KYC/KYB software, transaction monitoring software, case management software, document management software, and more.
UK MLTPF Regulatory Support Services
AML Consultants provides 360-degree support for UK MLTPF regulatory reporting. From filing a suspicious activity report (SAR) to HMRC approval checks, we help you accurately perform all the reporting tasks. In addition to that, we also provide support in preparing responses to specific information requests by AML supervisory authority.
SAR Submission Training
AML Consultants help you with the SAR submission training to ensure that you remain compliant with the requirements of the Proceeds of Crime Act 2002 (POCA) and the Terrorism Act 2000 (TACT). Our consultants guide you thoroughly on the SAR submission to the National Crime Agency (NCA) on the SAR Online Platform.
In-House AML Compliance Function Setup
AML Consultants help you set up an in-house AML compliance function. We help you with staff augmentation and provide complete know-how on best practices, legal requirements, and regular AML/CFT compliances to ensure that you become independent in handling your AML compliances.
AML, CFT, and CPF Health Check
Our AML, CFT, and CPF health check service helps you learn about the performance of existing AML efforts. The health check service empowers businesses to go through the shortcomings and take corrective actions to strengthen financial crime compliance efforts.
KYC Remediation Services
We help you remediate KYC lapses. Our consultants coordinate with your customers and remediate the gaps lying in your KYC process related to incomplete information, expired documents, and more.
Tailored. Presided. Detailed.
AML Consultants UK - Everything for Your Compliance Needs
AML Consultants UK:
Your Top-Notch Compliance Partners
ACAMS-Certified Professionals
- Our experts have a proven track record of their expertise. With ACAMS-certified professionals, you can always trust our efforts and advice as they come through learning and experience.
Insights that make us Exceptional
- We continuously check on new ML, TF, and PF typologies. Besides that, we also conduct a through study of various ML, TF, and PF case studies. Then, devise ways to counter them and mitigate risks effectively while adhering to the regulations.
Where Tech Meets Innovation
- Tech is growing equally in the hands of launderers and AML compliance functions. We strive to stay a step ahead and make sure to use the best-in-class software for precise risk assessment, smart transaction monitoring, and automated financial crime compliance processes.
Serve a Diverse array of Industries
- Our experience is not limited to a particular sector. That gives us the ability to cater to your business’s unique needs without hassle.
