Financial Crime & AML
The FSA has an increasing focus on financial crime, and in a number of areas is starting to register some real successes tackling it. It is critical that firms ensure that they have taken all the necessary steps to protect their business and staff.
The 3rd European Union AML Directive requires firms to create policies and procedures relating to:
- customer due diligence
- suspicious activity reporting
- record-keeping
- internal control
- risk assessment and management
- compliance management and
- communication.
CSL work with firms of all types to implement effective AML controls using as risk based approach. We also provide classroom and e-learning based training and support for Money Laundering Reporting Officers and Compliance Officers.
