Services

Anti-money laundering

Advisory

The focus on AML by regulators both in the UK and the US continues, as seen by the penalties that are escalating into millions of pounds. There has never been a greater need for management to demonstrate effective, risk based anti-money laundering (AML) strategies.

How we can help

Anti-money laundering is part of our unique financial crime offering. We have extensive experience in leveraging our global anti-money laundering team to provide tailored solutions to many leading financial institutions as well as smaller organisations.

We offer advisory services across the entire lifecycle of AML compliance, drawing on the breadth and depth of our AML capability to provide a comprehensive, tailored service. We regularly work with Financial Crime and Compliance departments whose concerns with AML overlap with issues related to Trade and Economic Sanctions, Fraud, Bribery and Corruption.

Our services include:

  • Policy & Procedures Benchmarking – finding a model which meets regulatory requirements and is aligned to the firm’s risk appetite.
  • Risk Assessment – detailed consideration of the key risks factors and the impact on mitigation plans and controls.
  • System Optimisation – including specification/selection of transaction monitoring systems, CDD systems and fine-tuning of these in operation.
  • CDD & SAR Retrospective Reviews – including clearing backlogs, “refresh and/or remediation projects”.
  • Training – both input to firm-wide training and in-depth sessions for dedicated professionals.
  • Compliance Reviews – identification of how well a firm is meeting regulatory requirements, including mock ARROW visits, support during or before s.166 reviews and preparing and supporting the firm for every eventuality.

Key contacts

Mark Tantam

Mark Tantam

Partner

Mark heads up the UK Deloitte Forensic team and is also Global Head of Investigations. Mark has led or been involved in many of the largest investigations globally in the areas of corruption, money la... More

Julian Colborne-Baber

Julian Colborne-Baber

Partner

Julian specialises in forensic advisory and conducting financial crime investigations. He has led and advised on a number of cases involving AML, corruption, sanctions, fraud and accounting irregulari... More

Andrew Robinson

Andrew Robinson

Partner

Andrew leads Deloitte’s specialist Valuation Group advising on all aspects of valuing businesses, listed/unlisted securities, intellectual property and other intangible assets in the UK and internatio... More

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