PwC offers several money-laundering services. We help you understand what specific steps your business need to take in order to comply with laws and regulations in this field. Further we contribute by analysing the current situation and assist with the design and implementation of measures.
Our engagements cover a wide range of services in this field, from investigations of individual customers to reviews of larger customer portfolios, training programs and preparation of reports and regulations.
We offer systematic reviews of companies AML framework that can be scaled to a company's needs.
Corrupt officials, tax cheats, and the financial backers of terrorism have one thing in common: they often exploit vulnerabilities in financial systems to facilitate their crimes.
Anti-money laundering (AML) is an area of expertise that also includes financing of terrorists and compliance with international trade restrictions. AML is a complicated and expensive compliance field. Implementation of effective routines, real-time customer analysis and laundering customer lists against sanctions lists requires a deep understanding of law, technology, business processes and risk.
The area is increasingly subject to fines and personal criminal prosecution by the authorities. The money laundering Act of 2018 sets great demands. In the worst case fines may await you should you not have everything in place.