AML/CFT compliance advisory built around FIAU Implementing Procedures.
Programme reviews, risk assessments and examination support for MFSA and FIAU-regulated entities — independent scrutiny of the function that regulators look at most closely.
What's covered
Programme design through to examination support, all measured against FIAU Implementing Procedures rather than a generic framework.
Programme & risk
- Programme design and review against FIAU Implementing Procedures
- Business risk assessments and customer risk-scoring frameworks
- Customer due diligence file reviews and sampling
Reviews & support
- Independent AML/CFT function reviews and remediation planning
- Support through FIAU examinations and regulatory correspondence
- Suspicious transaction reporting process design
How an engagement runs
A fixed structure, so scope and cost are clear from the first call.
Review
Assess the current programme, policies and customer risk model against FIAU procedures.
Assess risk
Test the business risk assessment and risk-scoring logic against actual customer data.
Remediate
A prioritised remediation plan, with documentation ready for the next examination.
Support
Ongoing advisory through FIAU correspondence, examinations or periodic reviews.
Preparing for an FIAU examination?
A scoping call is the fastest way to find out where the gaps are before the regulator does.