Whether you have already identified improvements to be made in your KYC & AML procedures or you need help assessing your current practices we can assist.

Here’s how we can help

• Identify Gaps and Inconsistencies: We will meticulously analyse your existing KYC & AML data and procedures to pinpoint missing information, outdated documents and potential non-compliance issues.
• Prioritise Remediation Efforts: We can categorise identified issues based on risk level ensuring you focus is on the most critical areas first.
• Streamline Data Collection: We help you develop efficient processes for collecting missing information from customers, minimising disruption to your operations.
• Enhanced Customer Due Diligence (CDD): We can guide you through the process of re-verifying customer documentation and following proper CDD procedures.
• Ongoing Monitoring and Reporting: We can help you establish a system for continuous KYC & AML monitoring, ensuring your data remains current and compliant.

Benefits of our KYC & AML Enhancement and Remediation Service

• Reduced Risk of Regulatory Fines: Proactive remediation and enhancement helps you avoid hefty penalties for non-compliance.
• Improved Efficiency: Streamlined processes save you time and resources in the long run.
• Enhanced Security: Robust KYC & AML programs minimise your exposure to financial crime.
• Reputational Protection: Demonstrate your commitment to regulatory compliance and build trust with stakeholders.

Our Approach

• Collaborative Engagement: We work closely with you to understand your specific needs and challenges.
• Scalable Solutions: We offer customised enhancement and remediation plans to fit the size and complexity of your organisation.
• Technology-Enabled Solutions: We leverage advanced tools to automate tasks and improve efficiency.
• Expert Guidance: Our team of AML and KYC professionals provides ongoing support throughout the enhancement and remediation process.