Financial Crime is a growing concern in the business world, as criminals continue to find new and innovative ways to exploite vulnerabilites. The impact can be far reaching for the largest global organisations as well as for the smallest companies and partnerships.
Such impact extends beyond monetary losses to reputation and brand, loss of business relations, as well as regulatory sanctions.
PwC provides solutions for responding to Financial Crime incidents, remediating deficiencies, developing enhanced operating models, and optimising transaction monitoring systems.
Our clients can turn compliance into a game changer, and a true enabler of their core business.
Talent
We provide Compliance and Risk functions with temporary top-up staff that act as subject matter experts. With an ever-growing number of regulatory requirements, these top-up staff can help you feel less overwhelmed, as they apply their in-depth knowledge of legal and regulatory frameworks. PwC becomes an extension of your team.
Training on AML/CFT
Through our MQA registered training institution, we provide AML/CFT training sessions to professionals who need to understand their regulatory obligations. These tailor-made training sessions are delivered by subject matter experts who have our first-hand experience of AML/CFT legislation and rules.
AML Transformation
Shifting compliance activities from high costs, painful customer experience and disrupted processes, to value creation, trust and a robust compliance culture supported by technology.
Compliance Support Services
We have developed a suite of digital tools that help your compliance department to support the AML/CFT Business Wide Risk Assessment. We work with your team to design specific types of support that are efficient, cost effective and compliant. There is no one-size-fits-all approach.
AML Remediation
An AML Remediation process can be a great opportunity to improve the operational efficiency of your lines of defense. Imagine turning a costly exercise into an added value for your day-to-day operations, increasing the compliance effectiveness of your organisation. It is about getting it right instead of just patching it up.
AML Risk & Governance
Helping you to comply with your obligations and improve your processes to make them efficient and streamlined throughout your AML/CFT risk management framework. This will help you quickly adapt to regulatory changes impacting your business, and to properly reflect them in your risk & governance strategies.
Transaction Monitoring and Screening
In line with guidance from the Financial Actions Task Force (FATF), monitoring should be carried out on a continuous basis or triggered by specific transactions. We can assist you with Health Check/Surveillance Program Diagnostics, Optimisation and Post Alert Management.
