Financial crime prevention: On the front foot

An effective financial crime prevention framework is crucial for maintaining consumer trust, protecting firms’ reputations and avoiding regulatory sanctions that include financial penalties and personal liabilities. It’s a key requirement of the FCA, HMRC and other regulatory bodies.

Our team brings decades of knowledge and expertise working across the regulatory spectrum to deliver end-to-end services that meet our clients’ needs. We have a deep understanding of regulators’ expectations and practical experience designing and implementing proportionate and appropriate systems and controls. 

We continuously track evolving financial crime prevention standards and risks to transform reactive regulatory compliance into a robust financial crime risk management framework. Along with training and development to equip all employees with the knowledge they need, we’ll help you put in place processes and controls that protect your customers, company and people.  

Our multi-disciplinary team brings practical experience from across the industry and a close relationship with regulators. Our subject matter experts cover the five key pillars of financial crime compliance: 

• Anti money laundering
• Anti bribery and corruption
• Fraud
• Market abuse
• Sanctions

Our experts provide critical support across all five pillars, helping you unpack and interpret regulation, legislation and industry guidance and practically apply it to your firms’ activities, client base and circumstances.

Risk Management

We help you define clear risk appetites, tolerances and metrics. We’ll support you to develop firmwide customer risk assessment tools and methodologies, drafting tailored and proportionate policies and procedures. 

Governance

We offer senior management and board effective reviews, as well as tailored training for interview preparation for SMF17 roles. Our training and development for the board and employees ensures effective financial crime prevention at all levels of the firm.

Assurance and remediation

We provide a range of review and remediation services:

• Skilled persons, S166 and thematic assurance reviews
• Change management, transformations and forensic investigations
• Remediation projects, including assistance with deferred prosecution agreement findings

Resources

We help firms ensure they have the resources they need.  We fill in, fill out and supplement internal resources, with financial crime expert secondments, and co-sourced and outsourced internal audit or financial crime compliance monitoring.