Compliance Consulting

Our compliance team assist clients and service provides to identify, assess and understand the relevant risks and guidance them in fulfilling their obligations which derives from the Prevention and Suppression of Money Laundering and Terrorists Financing Laws and Regulations

Our services includes the following services:

  • AML Consulting and AML Audits.
    1. Monitoring and assessment of the effectiveness of the policies, practices, measures, procedures and controls applied for the prevention of Money Laundering and Terrorist Financing.
  • Review, update and re-drafting of the Internal Anti-Money Laundering Manual.
  • Review and advice on drafting the Annual Anti-Money Laundering Officer Compliance report.
  • Internal Audit Function – Preparation of the Annual Internal Audit report.
  • Development and establishment of client acceptance policies:
    1. Customer Identification (KYC) and due diligence procedures.
    2. Construction and content of clients’ economic profile.
  • Development and establishment of Internal Reporting Procedures.
  • Development and establishment of the risk management and procedures manual.
  • Establishment of procedures for the ongoing monitoring of customers’ accounts and transactions.
  • Assessment and evaluation of the mechanisms for the existence of clients’ continuous audit trail.
  • Assessment and establishment of adequate governance arrangements to ensure effective and prudent management.
  • Preparation and implementation of Recovery and Resolution Plans.
  • Recommendation of suitable AML Software.
GET IN TOUCH

Have questions?

Drop us a line below and we’ll get back to you as soon as we receive your message. Our team of experts will walk you through the process every step of the way to make sure you get exactly what you want.

+357 22 266770

176 Athalassas Ave, Office 401, Nicosia Cyprus 2025

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