Anti-Money laundering
In this world of increasing Anti Money laundering regulations, entities are being subject to increasing fines for inadvertent regulatory breaches. Penalties and regulatory sanctions aside, any association with money laundering and/or terrorist financing can expose organizations and individuals to serious adverse publicity and reputational damage. Moreover, the notion of corporate and personal responsibilities is becoming an important component of criminal legislation in many jurisdictions world-wide.
How can KPMG Forensic assist?
We can help businesses meet their responsibility to prevent, detect and respond to money laundering and meet the challenges of international standards. We can work with you to develop an AML program that’s efficient and effective over the long term.
Our industry-focused services offer a range of products and services to assist clients in becoming anti-money laundering compliant and/or to deal with potential money laundering risks.
Our services include:
Development, drafting and review of policy documents and compliance manuals
Development of anti-money laundering compliance programmes including:
o Client identification and verification processes
o Reporting/record keeping processes
o Compliance reviews, including GAP analysis to compare:
- Internal rules versus best practice and legislation
- Execution versus rules and legislation
Preparation and presentation of Anti-Money Laundering awareness and training programs
Specialized investigative support in respect of money laundering matters
Specialized litigation support in respect of seizure and asset forfeiture matters
In-depth client identification and verification services
We can help businesses meet their responsibility to prevent, detect and respond to money laundering and meet the challenges of international standards. We can work with you to develop an AML program that’s efficient and effective over the long term.
Our industry-focused services offer a range of products and services to assist clients in becoming anti-money laundering compliant and/or to deal with potential money laundering risks.
Our services include:
o Client identification and verification processes
o Reporting/record keeping processes
o Compliance reviews, including GAP analysis to compare:
- Internal rules versus best practice and legislation
- Execution versus rules and legislation
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