In our recent German-wide study on anti-money laundering (AML) and fraud prevention measures 75 % of respondents believe that regulatory requirements will increase with a strong impact on processes, systems, policies, documentation, and training.
In addition, various new national regulations (for example the German Banking Act, AML law, Fraud guideline), upcoming European regulations (including fourth EU Anti Money Laundering Directive) and feedback from the Federal Financial Supervisory Authority (BaFin) – for example on vulnerability analysis – demonstrate the need for effective compliance management.
Our AML/fraud compliance solutions are designed to help you identify and respond to new national and international legislations by implementing tailored processes, systems and policies to fulfill these requirements.
Key components include:
Our team has over a decade of substantial project experience covering anti-money laundering, financial sanctions/embargo and fraud prevention. Drawing on experience gained from various projects in private banking, co-operative groups and the public sector, our team can help you with your particular requirements, no matter what size your project.