Services for Individuals and Companies
- Assisting firm in setting-up the compliance function and creating a strong compliance culture which include developing robust operational and compliance policies, procedures and controls keeping in mind the nature of businesses/transactions etc.
- Providing outsource compliance consultancy/advisory services on compliance related matters in line with customer’s requirements and nature of business/transactions etc.
- Expert advice on AML and Sanctions requirements from the Banks/FIs including due diligence queries received on different transactions in order to prevent the firm from potential sanctions breaches, Money Laundering risks and reputational issues.
- Guidance on account opening process including the information and documentation required by the FIs.
- Assist customers in preparing/updating the individual/corporate KYC and customer due diligence forms for their new as well as existing accounts.
- Meeting with the FIs/Banks in a capacity of consultant.
- Providing tailored training on AML/Sanctions in line with firm’s line of business.
- Advice around the applicable regulations if any based on the activities and line of business.
- Know Your Customer and Due Diligence
- Perform Anti-money laundering (AML) and Know-Your-Customer (KYC) checks and due diligence for new customers, suppliers and investors.
- Perform due diligence from political exposure and sanctions risk perspective.
- Conduct adverse media database and manual due diligence research.
- Uncover reputational issues if any such as fraud, violent/financial crimes, professional misconduct and disqualification etc.
