Complying with AML Regulations
Financial crime is a growing concern in all societies around the world, and your business is probably subject to regulations with severe sanctions for non-compliance with AML/CFT* legislation.
Many financial services organisations invest huge amounts, without the evidence of achieving compliance. In fact, many instead add complexity, limit oversight and reduce competitiveness as a result of those investments.
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AML / CFT= Anti Money Laundering / Countering the Financing of Terrorism
Insights from working with AML
Through our work within AML, we have developed a pragmatic approach to a number of different areas. Our experience acts as an accelerator in our assignments, where our experience is the basis for the individual customer's customized solution.
AML needs a holistic, yet pragmatic approach
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We mean that the full customer journey should always be considered and only relevant measures to prevent financial crime should be implemented.
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We believe that your business, instead of only checking the compliance boxes, should take advantage of the potential of knowing your customers.
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Business focused AML brings more efficiency to the ongoing operations, creates a customer friendly experience and helps the sales staff understand the risks.
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Understanding where the risks are ensures fast onboarding for low-risk customers and allows the organization to develop effective measures where risks are identified.
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Infidence expertise
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Infidence Consulting brings a focused approach to Financial Crime Prevention.
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Our approach to managing, effective and efficient, AML change programs builds on the experience from having worked with multiple financial firms in various regions.
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Infidence Consulting has a team that can help your organisation guide the journey - because it is not a quick fix, to reach effective and efficient AML compliance.
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Get in touch with us for a - no commitment - dialogue where we talk about pitfalls, lessons learned and a tailored road to AML compliance.