Anti Money Laundering and Combating Terrorist Financing (AML/CFT) Compliance

Law No. (20) of 2019 on Combating Money Laundering and Terrorism Financing- A game-changer for enforcement and compliance. We will support you to navigate the complex and ever-evolving compliance landscape with confidence through our services:

AML Risk Assessment

Conduct assessments to identify and prioritize AML risks faced by an organization based on its business activities, customer base, and geographic locations.

AML Program Development and Enhancement

Assistance in developing, implementing, and enhancing AML programs tailored to the specific needs and risk profile of the organization. This includes designing policies, procedures, and controls to mitigate money laundering risks.

Transaction Monitoring and Suspicious Activity Reporting (SAR)

Consultants assist in the design and implementation of transaction monitoring systems to detect unusual or suspicious activities that may indicate money laundering.

Customer Due Diligence (CDD) and Know Your Customer (KYC) Procedures

Consultants provide guidance on developing and enhancing CDD and KYC procedures to verify the identity of customers and assess the risk associated with them.

AML Training and Awareness

Bespoke training programs to educate employees about AML regulations, policies, and procedures. This includes training on recognizing red flags of money laundering and the importance of compliance with AML regulations.

Regulatory Compliance and Reporting

Assistance in interpreting and complying with AML regulations and reporting requirements imposed by regulatory authorities. Consultants help organizations prepare for regulatory examinations and audits related to AML compliance.

AML Technology Solutions

Guidance on selecting, implementing, and optimizing AML technology solutions such as anti-money laundering software, transaction monitoring systems, and customer due diligence tools.

Sanctions Screening

Assistance in implementing sanctions screening processes to ensure compliance with international sanctions regimes and regulations.