Regulatory Compliance

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BDO experts can provide you with support tailored to your needs and your vision, to strengthen the components of your Compliance function, including prevention, detection, and remediation system, and improve controls of your Regulatory and Anti-Money Laundering and Counter Terrorism Finance risks, while considering the regulatory environment and best market practices. With this objective in mind, we can evaluate your Compliance Monitoring Plan and AML/CTF framework, and help review and update your AML policy and procedures. We can support your company in the implementation, monitoring, and execution of AML/CTF and KYC remediation plans, review outsourcing and oversight frameworks, provide assistance in the deployment and upgrade of innovative tools, assist with regulatory watch and provide detailed and efficient training as well as provide external support in case of sudden increase in AML workload.

Our team have broad experience with many professionals from the financial sector such as banks, or asset managers, which have their own specificities, and for which we provide tailored solutions to best meet their needs.

Our AML and Compliance Advisory Services

Support with onboardings and annual reviews, to ensure regulatory requirements and timelines are met
Development and optimisation of KYC processes to meet regulatory expectations
In-depth risk assessment of customers, UBOs, and business partners
KYC file remediation and gap analysis, ensuring alignment with the latest regulatory expectations

Implementation of governance frameworks to meet regulatory and industry best practice
AML policy review and update
Assistance with MiFID II compliance, including investor protection and transaction reporting, as well as market abuse prevention under the Market Abuse Regulation (MAR)
Support on GDPR, FATCA, CRS, and European Anti-Money Laundering Directives (AMLD)
Regulatory reporting & audits (Support for regulatory reporting and preparation for inspections by European regulators)
Help prepare for regulatory visits, ensure supervisory readiness

Optimisation and fine-tuning of transaction monitoring systems
Implementation of robust sanctions screening frameworks
Review of Monitoring and Screening framework, ensuring operational efficiency and smooth operations

Support for transitioning to new AML/KYC or compliance systems, or upgrading existing tools to ensure they meet evolving regulatory standards
Testing of system resilience and adherence
Testing and review of system framework, ensuring smooth operations and communication between internal and external AML KYC tools and IT solutions, help propose more effective workflows if needed