Financial crime Services

Financial crime Services

If your operations are governed by UK Money Laundering regulations or regulated by the FCA or HMRC, our services can provide the expertise and tools necessary to manage your financial crime risk.
Whether you are an established firm seeking guidance, a start-up in need of advice or you simply require temporary assistance, our Financial Crime services will help strengthen your defences at every stage of financial crime prevention.

FINANCIAL CRIME RISK MANAGEMENT

If your operations are governed by UK Money Laundering regulations or regulated by the FCA or HMRC, our services can provide the expertise and tools necessary to manage your financial crime risk.
Whether you are an established firm seeking guidance, a start-up in need of advice or you simply require temporary assistance, our Financial Crime services will help strengthen your defences at every stage of financial crime prevention.

HOW CAN WE HELP?

With our international reach and sector-specific expertise, we are positioned to understand and address the unique challenges posed by Financial Crime. Our team consists of world-leading specialists in the field, supported by AML/KYC/EDD specialists who bring extensive experience to every project including:

  • AML Healthchecks
  • HMRC Supervision – Registration and Compliance Support
  • AML Policies, Procedures and Controls
  • Financial Crime Assurance Review
  • Financial Crime Business Wide Risk Assessment (BWRA) Support
  • FCA Annual Financial Crime Reporting (Rep-Crim)
  • KYC/CDD/EDD Outsourcing
  • AML Training for staff (online or face to face)
  • Financial Crime Annual Retainer
OUR EXPERTS

Our subject matter experts bring together a wealth of backgrounds, skills and expertise from the financial industry, legal sector and regulatory bodies

Nicola Christofides
Assistant Director

T: +44 (0)20 7399 4980
E: nicola.christofides@complyport.co.uk

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Kumar Ved
Managing Director

T: +44 (0)20 7399 4980
E: kumar.ved@complyport.co.uk

AML HEALTHCHECKS

We offer comprehensive assessments of your AML and CTF controls and risk framework. Our approach involves evaluating your current practices against legal and regulatory standards, industry best practices, and your firm’s internal risk appetite, policies, and procedures.

Through this health check process, our expert team will identify areas that require improvement and recommend specific remediation actions. We provide clear and actionable feedback, ensuring that your AML and CTF measures are aligned with the latest requirements and tailored to your unique business context.

Our goal is to assist your firm in enhancing its AML and CTF defences, promoting compliance, and mitigating financial crime risks effectively.

HMRC SUPERVISION
REGISTRATION AND COMPLIANCE SUPPORT

Our Financial Crime Team, has supported firms supervised by HMRC for AML purposes including estate agents, lettings businesses, trust and company service providers, money services businesses, formation agents and art dealers.

We can assist with anti-money laundering reviews and health checks, drafting and implementing relevant policies, procedures and risk assessments, drafting and implementing customer due diligence processes, remediation support on policy and procedural framework, including customer due diligence, providing tailored support when communicating with HMRC warning, investigation or compliance visit, remediation programmes.

AML POLICIES, PROCEDURES AND CONTROLS

Our experts will provide custom drafting, reviewing, and updating of internal policies and procedures to support your AML compliance from the outset of FCA or HMRC registration and beyond.

ASSURANCE REVIEW

Our team is able to assist your firm in developing and implementing robust and proven financial crime prevention controls and frameworks.

With our tried and tested support, our team can help your firm effectively mitigate the adverse effects of internal and external financial crime activity.

BUSINESS WIDE RISK ASSESSMENT (BWRA) SUPPORT

All firms under the purview of the UK Money Laundering regulations are required to carry out a risk assessment evaluating the risks of money laundering and terrorist financing associated with its business.

Our team can conduct comprehensive assessments of your risk exposure, tailored to your specific business activities, products, clients and jurisdictions. This includes in-depth evaluation of the business model, associated agents, internal processes, control mechanisms, and transaction monitoring, with mitigation strategies.

FCA ANNUAL REPORTING
(REP-CRIM)

If you are submitting your Rep-Crim return for the first time, or you have submitted them before but would like greater insight into how the FCA may react to your return, get in touch with our Financial Crime team today. Our team will review and provide you with constructive feedback as to how well your return may withstand the regulatory scrutiny that it is about to receive.

KYC/CDD OUTSOURCING

At Complyport, we offer a complete KYC/B Compliance Managed outsourcing service to support customer onboarding processes. Our team can assist with undertaking customer onboarding, sanctions screening for Politically Exposed Persons (PEPs), sanctioned firms or individuals and adverse media, ongoing maintenance of customer data, refresh policy and procedure reviews, KYC/B CDD activity, compliance reporting and notifications and remediation efforts.

The outsourcing of KYC/B and CDD solutions is a cost-effective and efficient way of managing Financial Crime Compliance. Our experts will help you to maintain control over your KYC operations and regulatory obligations with full transparency.

AML TRAINING FOR STAFF

No matter your type of firm or supervisory body, AML staff training is an annual requirement.

We offer bespoke AML training, available both via live video, face-to-face and live workshops, to ensure your team is up to date and aware of the latest financial regulations and best practices. Our training covers all aspects of AML, including the identification and management of risks associated with Money Laundering and Terrorist Financing.

Our popular live training workshops provide deep learning for attendees, which ends in a multi-choice quiz to finish the session. Each attendee receives a certificate of completion.

ANNUAL RETAINER
We offer ongoing tailored support for clients who wish to sign up for an Annual Retainer, services will include:
  • Annual FinCrime Assurance Review
  • Annual FinCrime monitoring visit (online or onsite)
  • 6 hours training staff and senior management
  • 4 hours expert ad hoc advice per month

Why choose Complyport?

Extensive Regulatory Expertise

With over 22 years of experience in the financial services industry, Complyport offers unparalleled expertise in regulatory compliance, ensuring your firm stays ahead of evolving regulations.

Tailored Compliance Solutions

We provide bespoke compliance solutions that are specifically designed to meet the unique needs of your business, ensuring that all regulatory requirements are met efficiently and effectively.

Senior-Level Guidance

Our team of seasoned professionals, including former regulators and industry experts, leads all engagements, offering deep insights and practical advice to help you manage compliance risks effectively.

Comprehensive Service Offering

From AML audits to risk management and regulatory reporting, Complyport provides a full spectrum of compliance services, allowing you to streamline your compliance processes and focus on your core business activities.

Client-Centric Approach

We prioritise open and transparent communication, building strong relationships with our clients based on trust and mutual respect. Our commitment to excellence ensures that we deliver high-quality services with courtesy, patience, and flexibility.

Innovative Fintech, Regtech, and AI Solutions

Leveraging cutting-edge fintech, regtech, and AI tools, Complyport enhances your compliance processes with advanced technology, ensuring accuracy, efficiency, and real-time regulatory updates. Our innovative solutions empower your firm to stay compliant while maximising operational efficiency.

key figures

Over

22 Years

Providing Compliance Excellence

Over

1,000

Successful FCA and EU Authorisations

Over

600

Active Firms Receiving Regulatory Support

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