Today’s regulatory environment is characterised by continuous change and disruption. Governments, regulators, law enforcement agencies and customers are focused on greater accountability. Organisations are facing 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. Compliance should also be established as a cultural driver throughout the firm. Multi-jurisdictional business models and compliance requirements make AML/FCC even more complex, increasing the risk of non-compliance and the spectre of regulatory censure.
Fines for infringing Financial Crime Compliance requirements have reached record levels in recent years. Still, financial services firms are still struggling to meet their obligations.
Businesses are expected to identify money laundering and financial crime risks, implement robust compliance frameworks, and take appropriate action for control breakdowns and errors of judgement. Failure to do so can have serious reputational, financial and legal consequences for firms, and they may not survive.
Xcina Consulting offers innovative and practical solutions to help protect organisations from financial crime. To support you in the effective management of financial crime risks, we will:
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.
Benefit from our extensive FCC expertise. We look forward to sharing leading practices and knowledge gained from working in your sector.
Our financial crime compliance consultants bring extensive practical experience spanning various types of firms, and they stay well-informed about the latest industry developments. Our roster includes former Senior Managers, Heads of Compliance, MLROs, and Regulators. Don’t rely on generic or theoretical solutions. We are equipped to deliver pragmatic, value-added recommendations tailored to your unique circumstances.
We collaborate closely with you by sharing our deliverables and facilitating knowledge transfer. This includes training your team to manage and sustain your financial crime compliance framework autonomously in the future.
By fostering seamless cooperation with both clients and external partners, we offer an all-encompassing financial crime risk solution. Our methods allow for an integrated compliance workflow for your firm and your 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.