Anti-Money Laundering

Basic analyses:

• Recap of your current AML system and comparison with the target system 
• Recommendations on due care duties and internal security measures based on the currently applicable legal requirements and a company-specific catalogue of measures
• Conduct of internal investigations in suspicious activity cases and filing charges of committing money laundering, if necessary
  　

Development of the concept of and implementation of AML processes:

• Elaboration and development, in consultation with the company, of internal principles, procedures and controls for an effective money laundering-specific risk management system
• Support in the development and implementation of a company-specific risk analysis
• Extensive cross-cutting consulting on the development and implementation of an effective suspicious activity reporting system
• Active assistance in the development and implementation of an effective document management system taking into account data protection principles
• Consulting on the development and implementation of an effective whistleblowing system
• Consulting on the development and implementation of a documentation and archiving system
• Valuable sparring partner in the development and implementation of a training system for the management and employees as “training on the job”
  　

Further support services with controls as part of the Know Your Customer process:

• Query of publicly accessible registers
• Reconciliation with embargo and terrorism lists
• Check for the status of a politically exposed person (PEP)
• Identification and verification of beneficial owners
• Transaction classification in terms of risk classes

Legal support and representation of our clients during special audits and investigations by supervisory authorities:

• In administrative offence proceedings
• In criminal proceedings