Why do you need an AML Audit?
Clients require an AML Audit for a variety of reasons, such as:
– Regulatory requirement
– Entering a new market
– Becoming authorised
– The release of new products
Why it matters
A company’s financial crime framework is the blueprint of how their financial crime controls operate together to mitigate risk. Even the strongest controls will be unsustainable without a well designed framework to enable them.
What we offer
We conduct an independent audit of the design and operational effectiveness of your financial crime control framework.
We work with you to ensure that the approach is proportionate and appropriate to your needs.
This might be a full audit of your entire control environment, a focussed review of a specific area of your financial crime programme, such as screening, or a high level health check.
What you get
Our audits detail our findings in plain English regarding the design and operational effectiveness of your controls, supported by documented evidence and the rationale behind the conclusions.
We provide detailed recommendations to address any gaps identifies and can support your progress by offering a ‘check and challenge’ process for proposed remediation and/or implementation.