Our Services
AML Compliance Control Programs
We offer comprehensive services for the development of robust AML compliance programs, uniquely designed to your company’s objectives and risk appetite. Our process involves a detailed analysis of the specific AML regulations impacting your business. Using this insight, we develop tailored AML programs featuring policies, procedures, risk assessments aimed at minimizing risks and identifying vulnerabilities based on your business.
AML Audit
We offer thorough assessments to evaluate your organisation’s compliance with AML regulations and industry best practices. Our objective is to identify any weaknesses or gaps in your AML compliance program, providing strategic recommendations for improvement. Through testing, we determine the effectiveness of your controls and ensure alignment with current regulatory standards.
Manuals and Policies
We specialise in creating, reviewing, and updating your manuals, policies, and procedures (such as AML Manual, Sanctions Policy, Due Diligence Checklists, Questionnaires, etc.) to ensure they meet regulatory requirements and industry standards.
AML Questionnaires/MLCO Reports
We can review or assist in preparing your annual AML Questionnaires and MLCO Annual Compliance Report.
Training
We provide personalized training sessions for senior executives and employees, covering a wide spectrum of AML compliance topics, regulatory expectations, and current industry trends. Our sessions are tailored to your specific business needs, ensuring comprehensive understanding and compliance.
Evaluation of Suspicious Activities/Transactions
Through this service we conduct an enhanced due diligence, examining an entity’s ownership structure, financial history, and reputation while identifying potential red flags. Following this analysis, we generate a detailed report with our findings and provide practical recommendations.
Enhanced Due Diligence
We conduct an Enhanced Due Diligence process, examining an entity’s ownership structure, financial history, and reputation while identifying potential red flags. Following this analysis, we generate a detailed report presenting our findings and provide practical recommendations.
Client Reviews & Transaction Monitoring
We can assist you in onboarding a potential client, conducting client periodic and ongoing review s, as well as monitoring your client’s transactions to ensure that any unusual or suspicious transaction, pattern or activity is detected.
Review of Legal Documents
We provide AML-focused reviews for various transactions, agreements, power of attorneys, financing arrangements, and more. Our assistance ensures adherence to AML standards and mitigates potential risks.
Source of Funds/Wealth Analysis
We offer Source of Funds/Wealth analysis services, allowing you to evaluate the suitability of prospective clients, investors, business partners, or associates.
AML Screening
We conduct AML screening utilising a comprehensive database. This tool enables us to identify individuals, organizations, and vessels associated with over 50 risk categories, including Sanctions, Foreign Officials, and State Owned Enterprises. Through this database, we assist your organisation in ensuring compliance, confidently establishing new relationships, and effectively assessing third-party risks.
Automated Screening
We offer automated screening services with weekly/monthly/quarterly updates on the status of all your clients, including legal entities or individuals. This enables your organization to promptly identify if any clients are under enforcement actions, sanctions, considered politically exposed persons (PEP), under investigation, or listed in adverse media. This service ensures that you are kept up to date on any changes in the status of your clients.
ID Passport Authentication
We can scan and inspect all national and international ID documents, examining MRZ lines, security features, and document templates. Through this service you will minimise the risk of identity fraud.
Background Checks/Investigations
We can conduct background checks on legal entities and individuals to support KYC procedures, providing a detailed report of our findings.
Client Verification
We can verify your clients through an online system by linking their face to their identity document.
BO Registry
We can assist you in submitting the required information in the Register of Beneficial Owners of the Department of Registrar of Companies and Intellectual Property, as welI as the Cyprus Trusts Beneficial Owners Registry ‘CyTBOR’ overseen by the Cyprus Securities and Exchange Commission.
Daily Updates
Our team can provide daily/weekly/monthly updates on sanctions, AML regulatory developments, and related news. These updates ensure that you are kept informed about the latest regulatory changes, therefore ensuring comprehensive compliance.
Consulting
For any AML-related queries or advice, our consulting services are available for your convenience. Feel free to reach out at any time for guidance or to address your questions.