AML: Anti-money laundering

Insider trading, collusion, terrorist financing and money laundering, among other things, means that compliance and anti-money laundering (AML) carry considerable risk.


Supervisory authorities and regulators are responsible for monitoring compliance to AML obligations of members under their supervision. In cases of non-compliance they may apply disciplinary measures to persons falling under its supervision such as the imposition of administrative fines and amending, suspending or revoking their members’ operating license.

As part of this, firms are required to establish and maintain policies, procedures and control systems to prevent money laundering and to ensure the reporting of any cases that may be known or suspected.

Appropriate procedures should be implemented for:

  • Know Your Client (KYC)

  • Record keeping

  • Recognising and reporting suspicions of money laundering

  • The education and training of all employees

  • Verification on a regular basis of compliance with policies, procedures and control systems relating to anti-money laundering activities through reports submitted to the relevant authorities and regulators

As a result, and in order to prevent potential money laundering issues, organisations turn to FAI Comply for specialised consulting to ensure that compliance is at the core of their business.


At FAI Comply we tailor each package to suit our clients’ needs, from providing training, support and guidance, to overseeing each and every function and being fully outsourced. This is done through our consulting process, which involves gaining a deep understanding of our client’s needs and goals. From investment firms, payment services providers, straight-through processing models and complex market makers, to portfolio management and investment advice, we are able to put in place and oversee all the necessary requirements of the regulator.

Compliance services

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Compliance services

In today’s financial services industry nothing could be more important to the success and continuation of the business than to ensure that firms stay on the right side of their relevant regulations.

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ICAAP & Capital Adequacy reporting

The "Internal Capital Adequacy Assessment Process” (ICAAP) is an overall valuation of the risks a financial institution faces, how they intend to mitigate those risks and how much current and future capital is needed having considered other mitigating factors.

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An effective internal audit requires a diversity of skills that many companies find difficult to source and retain. Increasingly companies are leveraging the benefits of outsourcing to support their corporate governance and risk management requirements.

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Due diligence & investigations

Our team of experts at FAI Comply is able to assist your company in this changing landscape and offer high-quality advice on a broad range of regulatory issues. We seek to understand your business and provide you with practical and cost-effective solutions, through our responsive and flexible approach.

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Risk management services

In the financial world, the ever-evolving set of regulations following the recent financial crises have highlighted the critical importance of having highly defined risk management controls.

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Anti-money laundering

Insider trading, collusion, terrorist financing and money laundering, among other things, means that compliance and anti-money laundering (AML) carry considerable risk.

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