Case Studies

Enhanced Due Diligence

Client: International Nominated Advisor

Our Approach

  • Reviewed the firm’s client portfolio and obtained business overview.

  • Reviewed current due diligence procedure

  • Conducted gap analysis on current due diligence procedure

  • Created bespoke enhanced due diligence reports

  • Designed process and feedback loop for outsourced due diligence Implemented the outsources function framework.

Background

  • International Nominated Advisor firm, that advises several publicly listed companies requiring a third party enhanced due diligence solution.

Achievements & Value Delivered

  • Successfully supplying the client with an ongoing enhanced due diligence operational function.

  • Enhanced the client’s procedure to assist in the mitigation and identification of future AML risks.

Regulatory Compliance Consulting

Client: Digital Financial Institution

Background

  • UK FinTech company requiring ongoing regulatory consulting amidst applying for FCA license.

Our Approach

  • Obtained an overview of the client’s business model.

  • Mapped out AML regulator landscape and obligations, specific to FinTech companies .

  • Conducted AML framework documents gap analysis .

  • Enhanced existing AML framework documents.

  • Drafted documents that were not included in the client’s existing AML framework.

Achievements & Value Delivered

  • Enhanced existing AML policies and procedures.

  • Created and delivered AML documents that the client previously did not have in palace i.e. Customer Risk Assessment Methodology and FX Policy.

  • Assisted the client with successfully obtaining their FCA license.

Onboarding & KYC Support

Client: International Consultancy

Background

  • International consultancy firm in the Medical Cannabis Industry requiring outsourced onboarding and KYC function.

Our Approach

  • Reviewed the firm’s client portfolio and obtain business overview.

  • Mapped out the client’s AML risks. Conducted gap analysis of current onboarding process.

  • Designed bespoke onboarding and KYC process.

  • Implemented onboarding and KYC process.

  • Trained and integrated skilled individuals to conduct BAU work

Achievements & Value Delivered

  • Created and delivered an onboarding process that assisted in the identification and mitigation of financial crime .

  • Successfully and currently onboarding all of the client’s buyers and suppliers.

  • Increased client’s efficiency i.e. increased speed of onboarding and operational cost.