Brief about this service
Our service assists organizations in developing and updating internal control regulations to ensure compliance with the latest standards and enhance operational efficiency.
Service Details
Money laundering is the process of concealing the original ownership and control of proceeds of criminal conduct by making such proceeds appear to be derived from a legitimate source. Terrorist financing involves providing financial support to individuals or groups that engage in terrorism. Both activities pose significant risks to financial institutions and businesses, potentially leading to legal consequences and reputational damage.
Our service focuses on assisting companies in developing comprehensive anti-money laundering (AML) and combating the financing of terrorism (CFT) frameworks. This includes creating detailed manuals and policies that align with national and international regulations, ensuring that organizations can effectively detect, prevent, and report suspicious activities.
At IBS, we understand the critical importance of robust AML/CFT measures in safeguarding the integrity of financial systems and maintaining trust with stakeholders. Our consultants work closely with your organization to tailor solutions that fit your specific needs and regulatory requirements.
What we offer?
- Developing comprehensive AML/CFT manuals tailored to your organization's structure and operations.
- Assisting in the creation of AML/CFT policies that comply with national and international regulations.
- Preparing annual reports to demonstrate compliance and transparency to stakeholders.
- Providing guidance on updating existing manuals and policies to align with the latest standards and regulations.
Through these services, we help organizations enhance their internal control frameworks, ensure legal and regulatory compliance, and foster a culture of ethical leadership and accountability.
