Some businesses are required to adhere to regulations regarding money laundering and terrorist financing prevention. To ensure your business aligns with these regulatory standards, we offer AML audit services. Our experienced specialists will meticulously assess your company’s AML policies, identify any inaccuracies or weaknesses, and provide a detailed report with tailored recommendations. We employ diverse methods during the inspection to evaluate your company’s approach to AML compliance and risk management accurately.
We understand and consider the specific requirements of each business, tailoring our services to meet your unique needs.
We begin by conducting a comprehensive evaluation of your business activities, examining the AML regulations implemented within your company.
Our specialists will assess your company's existing AML policies, comparing them with industry-standard regulations.
Through a thorough audit, our experts will pinpoint all the weaknesses in your AML policy.
Following the audit, our team will compile a comprehensive report with tailored recommendations, considering your business's unique risk profile.
Here are the reasons why regular monitoring of AML compliance programs is crucial:
Adaptation to Changing Regulations: Regular monitoring ensures your compliance programs stay current with evolving laws and regulations related to anti-money laundering, and helps to avoid penalties and legal consequences associated with non-compliance.
Easier Relationships with Banks: Banks are more inclined to collaborate with companies adhering to AML requirements and regulations. Regular AML audits demonstrate your compliance, fostering smoother interactions with banking institutions.
Enhanced Reputation: Regularly updated compliance programs enhance your company's reputation, demonstrating your commitment to ethical business practices.
Prevention of Financial Loss: Proactive monitoring helps prevent financial losses that can occur due to money laundering activities, safeguarding the company's financial stability.
Identification of Risks: Continuous monitoring helps in identifying new risks and vulnerabilities, allowing proactive measures to mitigate potential threats.
Customer’s and Investor’s Trust: Customers and investors trust businesses that demonstrate a strong commitment to AML compliance, which is fostered through consistent monitoring and adherence to regulations.
By understanding and embracing these reasons, businesses can establish robust AML compliance programs that are both effective and adaptive to the ever-changing landscape of financial regulations.
The activities of organisations in the financial sector are directly influenced by laws and regulations designed to combat money laundering and terrorist financing. Here is a detailed list of institutions that can benefit from COREDO’s services:
If you have doubts whether your company is subject to mandatory compliance with AML rules, contact our specialists for advice.
COREDO has been offering AML services to various types of businesses worldwide for many years. We possess a deep understanding of modern business needs and are well-aware of the challenges you might encounter.
Our strengths also include:
We understand the peculiarities of our clients’ businesses and tailor our services accordingly. Factors such as the company’s size, nature of operations, customer base volume, and the quality of existing AML protocols also affect our further cooperation.
The annual subscription fee for our AML audit service starts at 3,000 euros.
Our one-year AML audit service, is priced starting from 3,000 euros (it remains valid for the duration of one year). A comprehensive independent audit typically lasts 30-40 days from the moment all necessary documents are submitted to our experts.
To ensure our pricing remains fair, we consider:
Contact us to reduce the money laundering risk now!
