Services
Sanctions Compliance
We provide comprehensive support to help your organisation meet sanctions requirements and mitigate risks associated with non-compliance. Our services include:
- Drafting and tailoring Sanctions Compliance Manuals to align with your operations and regulatory standards;
- Conducting sanctions risk assessments to identify and address potential vulnerabilities;
- Offering analysis and case-specific guidance on sanctions- related matters;
- Providing ongoing support to ensure adherence to sanctions regulations and legislative requirements.
Through our services, we can strengthen your sanctions compliance framework, protect your business from penalties, and ensure alignment with evolving global standards.
Legal Opinions on Sanctions-Related Matters
Our team offers expert legal opinions tailored to sanctions-related concerns, ensuring clarity and compliance for your business operations. This service includes:
- Analysing the applicability of sanctions to specific transactions, entities, or jurisdictions.
- Providing guidance on mitigating sanctions-related risks.
- Drafting detailed legal opinions on the interpretation of sanctions regulations.
- Advising on the implications of sectoral or trade restrictions.
Offering strategic solutions to navigate complex sanctions scenarios effectively.
AML Compliance Control Programs
We provide comprehensive AML compliance program development services, tailored to your business’s specific objectives and risk appetite. Our services include:
- Detailed analysis of AML regulations relevant to your business.
- Tailored AML programs designed to address your unique risks.
- Development of:
- Policies and procedures.
- Risk assessments to minimize risks and identify vulnerabilities.
AML Audit
We provide thorough assessments to evaluate your organisation’s compliance with AML regulations and industry best practices and identify risks and strengthen controls. Our services include:
- Identifying weaknesses or gaps in your AML compliance program.
- Providing strategic recommendations for improvement.
- Testing the effectiveness of your controls.
- Ensuring alignment with current regulatory standards and industry best practices.
Delivering a comprehensive audit report with prioritised action points required to strengthen your business’s controls and procedures.
Manuals and Policies
Our expertise in regulatory compliance allows us to create, review, and update manuals and policies to align with industry standards and legal requirements, including:
- AML Manuals.
- Sanctions Policies.
- Due Diligence Checklists.
Questionnaires and other essential procedures, accessible and practical for daily use by employees of your business.
AML Questionnaires/MLCO Reports
Our team’s in-depth knowledge of regulatory requirements enables us to assist you with annual compliance reporting. We provide:
- Preparation of annual AML Questionnaires.
- Review or drafting of MLCO Annual Compliance Reports.
- Ensuring reports and questionnaires align with regulatory expectations.
Providing tailored advice to address identified deficiencies in reporting.
Training
Having gained extensive experience in AML and Sanctions compliance topics over the years, our team is able to provide personalised training sessions for senior executives and employees cover:
- AML and Sanctions compliance topics tailored to your business needs.
- Regulatory expectations and industry trends.
- Comprehensive and practical knowledge to ensure compliance.
- Role-specific training focusing on the responsibilities of different departments.
Interactive workshops and case studies for a hands-on learning experience.
Evaluation of Suspicious Activities/Transactions
Our team specialises in assessing suspicious activities or transactions by applying enhanced due diligence processes. Our services include:
- Enhanced due diligence on entities, including ownership structure and financial history.
- Identifying potential red flags.
- Generating detailed reports with findings and practical recommendations.
- Cross-referencing activities and products against sanctions lists.
Providing support in preparing Suspicious Transaction Reports (STRs).
Enhanced Due Diligence
With a focus on mitigating risks, we conduct in-depth due diligence processes tailored to your specific needs. This includes:
- Analysis of ownership structures.
- Analysing complex corporate structures to uncover hidden risks.
- Review of financial histories.
- Assessment of reputation and potential red flags.
- Detailed reports with actionable recommendations.
Evaluating links to high-risk jurisdictions or sectors.
Client Reviews & Transaction Monitoring
To help you maintain compliance, we provide support for client reviews and transaction monitoring, including:
- Onboarding potential clients.
- Conducting periodic and ongoing client reviews.
- Monitoring transactions to detect unusual or suspicious activity.
- Designing and implementing monitoring frameworks tailored to your business.
Providing detailed alerts and reports on suspicious patterns or trends.
Review of Legal Documents
Our AML and Sanctions focused reviews ensure that your legal documentation aligns with compliance requirements, AML standards, applicable sanctions and mitigates risks. This includes:
- Transactions and agreements.
- Power of attorneys and financing arrangements.
- Drafting supplementary clauses to enhance compliance in contracts.
Highlighting potential legal exposures due to inadequate documentation.
Source of Funds/Wealth Analysis
We can assist your business in understanding and evaluating the financial backgrounds of their clients, partners, or investors. Our services include:
- Analysis of the source of funds and wealth.
- Assessing suitability based on findings.
Documenting findings in a manner that satisfies regulatory expectations.
AML Screening
Using advanced tools and databases, we provide comprehensive screening solutions to identify risks associated with individuals, organisations, and vessels. Our screening includes:
- Over 50 risk categories (Sanctions, Foreign Officials, State-Owned Enterprises).
- Assessment of individuals, organisations, and vessels.
Enabling compliance and third-party risk evaluation.
Automated Screening
Stay ahead of compliance requirements with our automated screening services, designed to provide real-time updates and alerts. We offer:
- Weekly, monthly, or quarterly updates.
- Alerts for enforcement actions, sanctions, PEP statuses, investigations, and adverse media.
Ensuring up-to-date client status tracking.
ID Passport Authentication
Our service minimises identity fraud risks by:
- Scanning and inspecting all national and international ID documents.
- Examining MRZ lines, security features, and document templates.
Providing real-time verification results to accelerate onboarding processes.
Background Checks/Investigations
With our investigative expertise, we perform background checks to support KYC procedures and minimise risk. We cover:
- Legal entities and individuals.
- Supporting KYC procedures with detailed reports.
Providing enhanced checks for high-risk clients or jurisdictions.
BO Registry
We guide you through the process of submitting Beneficial Owner (BO) information to the relevant registries. Our services include:
- Submissions to the Register of Beneficial Owners of the Department of Registrar of Companies and Intellectual Property.
- Filing with the Cyprus Trusts Beneficial Owners Registry (CyTBOR).
- Ensuring compliance with applicable deadlines.
Providing ongoing support for updates or corrections.
Daily Updates
Stay informed about regulatory changes with our updates service. We provide:
Sanctions and AML regulatory developments and related news updates on a daily, weekly, or monthly basis.
Consulting
Our consulting services offer expert guidance for any AML-related challenges or queries, including:
- Addressing specific questions and providing actionable advice.
- Conducting workshops or brainstorming sessions for complex AML challenges.
Providing on-demand support during audits or regulatory inspections.