We have special plans for MLR 2017 which is fully enforced from 26th June 2017.

Money Laundering Regulations

Applications Under PSD2:

Our range of services are:

  1. • Applications under PSD2
  2. • Regular Compliance review under PSRs 2017 – MLR 2017

Regular Compliance Review:

Our Anti-Money Laundering regular compliance programs adequately addresses following:

  1. • Risk-based Policies, Procedures and Controls
  2. • Risk Assessment and Due Diligence
  3. • Ongoing Employee Training
  4. • Independent Review Program

Risk-based Policies, Procedures and Controls:

Our service will depend on needs of client - We prepare, update and amend their Risk-based policies, procedures and controls as per new guidance MLR 2017. Risk-based policies, procedures and controls based on new guidance will safeguard our clients and their staff against launderers and improve functioning of their business. We will provide this service to our clients on need basis, yearly or changes as implemented by new regulation.

Independent Review Program:

  • Anti-Money laundering guidance.
  • Testing the identity of the company & organization by MLR, FCA, and Companies.
  • Testing CDD, EDD, Risk Assessment, F & P Test verification Compliance Monitoring.
  • Check Staff Training records and testing the standards of Training and Competence as per MLR 2017.
  • Sample Testing and verification of Record keeping procedures and records.
  • Testing the internal control, the monitoring & management of compliance.
  • Check the internal communication of such policies and procedures etc.
  • Bank Compliance to money service follow up specially Forex Trading compliance.
  • Compliance with relevant stakeholders/ Authority.

Are you looking for MLR & FCA compliance support?