ANTI-MONEY LAUNDERING
With digitalisation, the financial services industry has become a global conduit for criminal elements to move their funds. Financial services and networks are being used for laundering of illicit proceeds, perpetrating scams, financing of terrorism and even nuclear proliferation, on a massive scale. Law enforcement against financial crimes is now a major government function around the world.
Our Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) capabilities have been developed and honed over a long practice history, where we have assisted financial institutions with individual and corporate customers with a spectrum of AML/CFT risk profiles, from all over the world.
Our Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) solutions comprise:
- a complete set of deliverables from training and assessments,
- “agreed-upon procedures” audits, in accordance with Singapore laws and regulations and international standards.
- AML/CFT controls and gap remediations.