AML procedures:

Comprehensive assistance to obliged institutions regarding counteracting money laundering and terrorist financing, including in particular:

• accounting offices
• activities related to virtual currencies
• payment institutions, payment intermediaries, settlement agents
• notaries, tax advisors, lawyers, legal advisors
• investment companies and funds
• insurance institutions and insurance intermediaries
• exchange offices
• virtual offices
• operators in the business of games of chance, betting, card games and gaming machines

We assist our clients in complying with their obligations under the Act on Counteracting Money Laundering and Terrorist Financing. We provide AML services and prepare documentation including, but not limited to:

• internal procedure for obliged institutions regarding counteracting money laundering and terrorist financing
• group procedure regarding counteracting money laundering and terrorist financing
• identification of risks and red flags specific to the industry and/or client portfolio
• training course materials for employees on AML and money laundering risks in the given industry
• AML training courses
• Know Your Customer (KYC) procedures
• KYC review of customer base
• procedure for reporting infringements of anti-money laundering and terrorist financing provisions
• PEP (politically exposed person) status verification procedure
• scenarios for the automatic review of transactions
• audit of AML policies and procedures
• updating AML policies and procedures
• advice on customer-specific risks

Services are provided by a Certified Anti-Money Laundering Specialist (CAMS) belonging to the international Association of Certified Anti-Money Laundering Specialists (ACAMS).

Should you have any questions, please feel free to contact us.