Anti Money Laundering and Compliance Advice and Consultancy
Legal Advice
Regulatory Advice

 

Anti Money Laundering and Compliance Advice and Consultancy 

• Maintenance or delegation of anti-money laundering procedures
• Development and assessment of anti-money laundering and risk management systems
• Conduct mock regulatory and anti-money laundering inspections
• Provision of advanced anti-money laundering training - train the trainers
• Consultation on KYC and due diligence best practices
• Provision of KYC information verification services including non-compliant/high risk clients

• Anti-money laundering suspicious activity reporting obligations
• Application of licensing laws (banks, trust companies, mutual fund administration, insurance, securities investment business) including assistance with licence applications, exemptions, amendments and surrenders
• Advice on the consequences of bank mergers and reorganisations
• Client mandates, account opening forms and service level agreements
• Foreign and local disclosure requests for confidential information and duties of confidentiality
• Management of fraud and forensic enquiries and investigations
• Conduct of money laundering and fraud proceedings including restraint actions, freezing, confiscation or production orders
• Provision of expert evidence on anti-money laundering and regulatory obligations under BVI law

• Liaison between the client licensee and the regulators
• Pre/post regulatory inspection advice, including the conduct of enforcement actions
• Application and interpretation of regulatory policy, rules and statements of guidance; e.g. banking credit risk management rules
• Corporate governance and senior management responsibilities including directors' duties for regulated and unregulated entities
• Ongoing regulatory reporting obligations and assistance with the submission of prudential reports and statistical returns
• Assisting with the development of business plans, operational manuals and constitutional documentation