Regulatory Compliance

Compliance is the set of processes an organization employs to ensure that all stakeholders related to the organization follow the internal entity level policies and external rules and regulations. It includes your company’s written values, its ethics policy, the employee handbook, and policies for complying with legal obligations (like taxes and corporate reporting). Compliance is an integral part of your organization’s responsibility to community and all stakeholders. As your company benefits from your community’s basic services, it owes duty to comply with the law. Similarly, as your organization uses the resources of others (investors, creditors, donors), it needs to assure them that the organization is regulating the conduct of its employees and that it is complying with applicable rules and regulations. Objective of our regulatory and overall compliance service is to improve client’s overall compliance with internal entity level policies and procedures as well as “zero” tolerance for regulatory non-compliance. We will:

  • Develop and review regulatory compliance documentation, policies and procedures · Review that policies and procedures have been implemented resulting from new laws and regulations

  • Review implementation of compliance requirements for various departments

  • Review coordination between compliance department and other senior executives

  • Provide training to various departments to ensure departments meet compliance requirements as new rules, regulations and internal policies come into force

  • Provide refresher training to specific departments in the areas where compliance weakness/failure has been identified

  • Review self-audit and compliance monitoring programs

  • Timely filing of regulatory reports and other documentation

  • Code of conduct We also provide training to our clients in the implementation of rules and regulations and internal policies.

Anti-Money Laundering & Anti-Terrorist Financing (AML/ATF)

Financial Crime Threat Landscape Criminals will continue to adapt and exploit opportunities to grow and evolve as the world continues to contend with emerging risks. Global economies are facing disrupted supply chains, the implosion of fraud, widespread ransomware attacks like never before and the work-from-home has exploded the digital payments ecosystem. All these factors have provided new opportunities for criminals to commit financial crimes. The geopolitical landscape is changing rapidly around the world, resulting in new sanctions and removal of old sanctions as various counties realign themselves as Western powers face off against China and Russia. Organizations should review their business risk assessments to identify emerging financial crimes threats. They should also update policies and processes to help prevent and detect financial crime in their organizations.

How we can Help?

We can assist your AML/ATF compliance function with review of your AML/ATF program:

  • Review your sanctions screening and payment filtering systems

  • AML/ATF function keeps up-to-date on the extensive regulatory changes taking place

  • AML/ATF function has the right tools including compliance technology to identify suspicious transactions

  • AML officers have the right skills and experience to manage the challenge from the rapidly changing AML landscape

  • AML/ATF policy, procedures checklist and guidelines

  • Sanctions policy