Lex Bridge advises financial institutions and other businesses on a wide range of compliance and enforcement matters related to anti-money laundering (AML) and countering the financing of terrorism (CFT) laws and regulations in US, UK, EU and MENA regions. Our bespoke compliance services in this field range from implementing effective controls and compliance programs to prevent our clients from any pitfalls in conducting business in a manner harmonised with the laws and conducting due diligence on third parties, including business partners and agents, to ensure that they are not engaging in prohibited activities.
- AML/CFT Compliance: Assist clients in ensuring compliance with AML/CFT requirements, including AML/CFT program, and reporting requirements; provide guidance on risk based customer due diligence (CDD), customer identification program (CIP), and enhanced due diligence (EDD).
- AML/CFT Regulatory Audits: Assist clients with risk based AML/CFT audits, advise on how to address AML/CFT deficiencies identified in the audit, and counsel clients on how to respond to regulators with the goal of minimising the potential for an enforcement action. Developing policies and best practices for monitoring and managing risk with business counterparties.
- AML/CFT Compliance: Assist clients in ensuring compliance with AML/CFT requirements, including AML/CFT program, and reporting requirements; provide guidance on risk based customer due diligence (CDD), customer identification program (CIP), and enhanced due diligence (EDD).
