Forensic Advisory

Services

Forensic Advisory

Deloitte Luxembourg, on AML Center of Excellence for Deloitte in Continental Europe, provides companies with a broad range of services to help you navigate the complex, high-stakes environment of forensic and anti-money laundering.

Your challenge

In today's electronic and global business environment, every organisation is vulnerable to a wide array of economic crime e.g. fraud, money laundering, theft of intellectual property. Substantial financial loss and damage to the reputation of a business may be the result.

Reducing financial crime is a key priority for regulators, authorities and governments globally. Organised crime groups, terrorists and fraudsters are increasingly using sophisticated international networks and financial systems to move or store funds and assets or commit fraud.

We have witnessed an increased willingness of regulators to pursue individual firms and impose tougher penalties for breaches of regulations, particularly in the area of money laundering and corruption where some unprecedented fines have been levied. 

Your challenge

Our Forensic & anti-money laundering services

Our service offering is based on standard incident response timeline :

  1. Detect
  2. Investigate
  3. Remediate
  4. Prevent

Deloitte provides clients with a range of specialist services to help them navigate this complex, high-stakes environment.  

Our Forensic & anti-money laundering services

Anti-Money Laundering (AML)

Money launderers devise evermore creative ways to use legitimate business to launder the proceeds of crime. The fight against money laundering and terrorist financing is at the top of governments’ and regulators’ agendas.

We provide:

  • Regulatory advice and procedures/process reviews;
  • Investigations of suspected money-laundering;
  • AML/KYC enhanced Due Diligence of clients and intermediaries (Business Intelligence);
  • Remediation projects (update of KYC documentation);
  • AML training;
  • AML Centre of Excellence in Continental Europe. 

Sanctions (OFAC and EU)

The Office of Foreign Assets Control (OFAC) has launched investigations into several financial institutions over the past few years for alleged breaches of OFAC rules concerning embargoes and financial transactions with restricted entities. US prosecutors have levied large fines against non-US financial institutions for breaches of economic sanctions.

We provide:

  • Regulatory advice and procedures/process reviews;
  • Sanctions look-back investigations (SWIFT, Email screening, interviews);
  • Sanctions Training. 
Sanctions (OFAC)

Fraud

It is no longer adequate for firms to simply deal with fraud as it arises. It is necessary to have an effective fraud risk management strategy in place and to be able to demonstrate that you are engaged in financial crime risk management.

We provide:

  • Fraud risk assessment (Commercial and Financial industries);
  • Fraud prevention;
  • Fraud investigation. 
Fraud

Business intelligence

Deloitte is able to assist you in identifying and addressing these business risks by gathering key information and intelligence on third parties.
We can help you in proactive enhanced Know-Your-Customer (KYC) or transaction monitoring processes, deal or asset due-diligence, integrity due diligence, risk assessments, assistance in situations of commercial dispute or investigation.

We provide:

  • Enhanced Customer Due Diligence;
  • Integrity Due Diligence;
  • Asset tracing;
  • Strategic background investigation;
  • Commercial dispute and investigation support.
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FATCA

The Foreign Accounts Tax Compliance Act (FATCA) requires the identification of US persons in financial institutions’ clientele. Some account holders may not have disclosed the necessary information or financial institutions may not have recorded it in electronic format which adds complexity to the verification and due diligence exercise.

Discover more on our FATCA services.

FATCA

Forensic technology

Forensic technology is an essential component of almost every financial investigation and of all computer related investigations. People practicing in today's digital environment must understand the various ways information can be stored and retrieved in order to build the best possible case and to ensure compliance with discovery and local laws and regulations.

Discover more on our Forensic technology services

Forensic technology

Get in touch

Michael JJ Martin

Michael JJ Martin

Partner | Forensic & AML, Restructuring

Michael is a partner within the advisory & consulting department and leads the forensic and restructuring practice. Michael has specialised in investigating and preventing money laundering and fraud. ... More

Eric Collard

Eric Collard

Partner | Forensic & AML, Restructuring

Eric is a partner within the advisory & consulting department. He is specialized in providing advice to the financial sector in the areas of risk management and compliance issues. He also acted as ind... More

Pascal Eber

Pascal Eber

Partner | Operations Excellence & Human Capital

Pascal is a partner within the advisory and consulting department and has over 17 years of banking experience (front, middle, back-offices and IT) combined with his knowledge of consulting methodologi... More