Our extensive network of human assets, and access to numerous international and local databases, allow for swift identification of PEPs and a thorough and effective assessment of the potential reputational risks involved in a business relationship with such individuals, 

A typical audit will review the existing KYC / AML procedures implemented by a client (or a potential business partner) with a view to assessing their compliance with relevant national and international core requirements. It includes both off-site and on-site components, from which a formal written report of findings and recommendations is produced.

Financial Action Task Force

The Financial Action Task Force on Money Laundering (FATF) is an inter-governmental body founded in 1989 by the G7 to develop and promote national and international policies to combat money laundering and terrorist financing.

The FATF has issued a list of 40 Recommendations that provide a complete set of counter-measures against money laundering covering the criminal justice system and law enforcement, the financial system and its regulation, and international co-operation. These recommendations have been recognised, endorsed, or adopted by many international bodies.

 Specific measures to assist financial institutions and non-financial businesses and professions in preventing money laundering and terrorist financing include recommendations concerning customer due diligence and record-keeping, and the reporting of suspicious transactions.