Protecting your organisation from financial crime with a robust framework meeting legal and regulatory expectations
Today’s environment is characterised by continuous change and disruption, where governments, regulators, law enforcement agencies and customers are focused on greater accountability and ever increasing personal and criminal liability.
There is a heightened expectation that Anti-Money Laundering (AML) / Financial Crime Compliance (FCC) should be at the forefront of doing business and an established cultural driver throughout the firm. Multi-jurisdictional business models and compliance requirements make AML/FCC even more complex and increase the risk of non-compliance and the spectre of regulatory censure.
Despite fines for infringing Financial Crime Compliance requirements reaching record levels in recent years, financial services firms are still struggling to meet their obligations. Failure to identify money laundering and financial crime risks, implement robust compliance frameworks, or take appropriate action for control breakdowns and errors of judgement, can have serious reputational, financial and legal consequences for firms and they may not survive.
Innovative and practical solutions to help protect organisations from financial crime, supporting them in the effective management of financial crime risks. We provide:
Utilising specialist partners alongside our regulatory compliance specialists at Xcina, we are trusted by our clients to deliver:
We focus on building long-term partnerships with our clients and supporting them throughout their financial crime compliance journey.
Clients benefit from our extensive FCC expertise including leading practices and knowledge gained from working in their sector.
Our financial crime compliance consultants have many years’ practical experience across a range of firm types and keep on top of the latest developments. Our team includes former Senior Managers, Heads of Compliance, MLROs and Regulators. They are able to provide pragmatic value-added recommendations tailored to your specific context, not theoretical or boiler plate solutions.
We share our deliverables with you and provide knowledge transfer, including training so that your team is equipped to use and maintain your financial crime compliance framework independently going forward.
Working seamlessly with clients and external partners, we deliver a comprehensive financial crime risk solution that allows for an integrated compliance workflow for firms and their customers.
UK Subsidiary of an Overseas Bank
Read how our risk management consulting, auditing and assurance services are helping organisations like yours meet their objectives with increased confidence.