AML/CFT
General description
We offer our Clients a comprehensive approach to the issues of anti-money laundering (AML) and counter-financing of terrorism (CFT). Our services range from risk assessment and support in preparing internal procedures and processes to supervisory control processes. We understand the importance of building relationships with Clients, which is why AML/CFT client identification and verification mechanisms must be appropriate to the nature, scale, and type of business conducted while remaining non-intrusive for your Clients.
Our AML/CFT solutions comply with current laws and logically integrate with your business activities. Combining knowledge based on academic achievements and market experience makes the highest quality legal services possible. Our lawyers have prepared the following publications:
- Anti-Money Laundering and Counter Financing of Terrorism. A Practical Guide (2018)
- Anti-Money Laundering and Counter Financing of Terrorism. Commentary (2019)
- Whistleblower Protection. A Practical Guide with Templates for the Public and Private Sector (2021)
How can we help you?
Examples of our achievements
AML/CFT System Audits
We conducted numerous audits to ensure AML/CFT systems compliance with the AML Act and market practices.
Support in Sanction Proceedings
We supported obliged institutions in proceedings before supervisory authorities concerning violations of the Anti-Money Laundering and Counter-Financing of Terrorism Act.
Control Processes
We assisted obliged institutions in control processes related to AML/CFT and prepared draft post-inspection objections.
AML Act Training
We conducted dozens of training sessions totaling over 250 hours.
Legal Opinions
We prepared over 100 legal opinions on anti-money laundering and counter-financing of terrorism, including matters related to beneficial owners, placement of AML units in organizational structures, remote client verification methods, and AML duty outsourcing.
Implementation of AML Act Changes
We provided comprehensive support to numerous commercial and cooperative banks, investment fund companies, brokerage houses, and advisory and audit firms in implementing changes resulting from the AML Act and its amendments.
