Today's transactions could be tomorrow's headlines — don't let sophisticated schemes and criminals put your company on the front page. Virtually all providers of financial services and foreign trade are vulnerable to money launderers and money laundering, and bear substantial reputational, compliance, operational and strategic risk.
Comply for success
As Regulators continually identify flaws in firms’ compliance with its requirements, International firms are required to demonstrate a solid compliance framework ensuring that each territory has sufficient oversight, and that Anti Money Laundering (‘AML’) regulatory requirements are being adhered to at both a local and global level.
Key to mitigating sanction risks is enforcing a robust process in line with the anti-money laundering regulations to verify the actual identity of the potential customer, source of funds, and relationships.
PwC's Forensics Services practice designs compliance programs and systems, creates architecture for effective compliance controls, and provides transactional monitoring to help clients conform to anti-money laundering legislature.
