AML/KYC Compliance
Programs that satisfy regulators and withstand examination.
What this engagement delivers
An AML program is judged on its record: the risk assessment behind it, the files that prove client due diligence, and the monitoring that shows someone was watching. We build that record deliberately.
Work is scoped to the obligations that apply to your business, whether that is FINTRAC in Canada or another regulator, and is tested before an examiner tests it for you.
Onboarding that produces a defensible file every time
A program you can evidence, not just describe
Findings resolved before the regulator arrives
Scope of the service
Each engagement is scoped to your obligations and reporting requirements. These are the areas we routinely cover.
AML compliance program design
Policies, procedures, roles and record-keeping built around a documented risk-based approach rather than a template.
KYC, CDD and enhanced due diligence
Client identification and verification standards, beneficial ownership, PEP and high-risk file requirements, plus file reviews against them.
Transaction monitoring and regulatory reporting
Alert thresholds and escalation paths, large cash and electronic funds transfer reporting, and suspicious transaction escalation.
Independent AML compliance reviews
Effectiveness testing of the whole program with findings rated, evidenced and tracked through to remediation.
Risk-based approach methodology
Client and product risk-rating models with documented criteria, so onboarding decisions are consistent and defensible.
Training and board reporting
Role-specific training, attendance records and a compliance report that gives leadership the information it needs.
A sequence you can hold us to
Risk assessment
We document the money laundering and terrorist financing risks of your clients, products, channels and geography.
Program design
Policies, procedures and controls are built from that risk assessment, with clear ownership and record-keeping requirements.
Implementation
Onboarding, monitoring and reporting workflows are put in place and tested on live files.
Independent testing
The program is reviewed against its own requirements, findings are rated, and remediation is tracked to closure.
What clients ask first
Which businesses need an AML program?
In Canada, reporting entities include financial entities, money services businesses, dealers in precious metals and stones, real estate brokers, and several other sectors. We confirm your obligations as part of the risk assessment.
Can you review files without disrupting our onboarding?
Yes. File reviews are run on a sample basis to an agreed schedule, with findings reported in one register rather than as ad hoc emails.
Do you provide training?
We provide role-specific training for frontline staff, compliance officers and boards, with attendance and content records you can produce on request.
Start with a conversation about aml/kyc compliance
We will confirm scope, timing and what we need from your team before any work begins.
Book a consultation