AML (Anti - Money Laundering Services) - CYSEC:
-
Compliance Monitoring: Monitoring the firm's compliance with AML laws, regulations, and internal policies.
-
Risk Assessment: Conducting risk assessments to identify and mitigate potential money laundering risks within the firm's client base and operations.
-
Due Diligence: Performing due diligence on clients, particularly high-risk clients or transactions, to ensure they are not involved in money laundering or other illicit activities.
-
Training and Awareness: Providing training to staff members on AML regulations, procedures, and best practices to ensure compliance throughout the firm.
-
Suspicious Activity Reporting: Investigating and reporting any suspicious transactions or activities to the appropriate authorities in compliance with regulatory requirements.
-
Policy Development: Developing and updating AML policies and procedures to adapt to changes in regulations and best practices.
-
External Communication: Liaising with regulatory authorities, law enforcement agencies, and other external stakeholders on AML-related matters.
-
Transaction Monitoring: Implementing systems and processes for monitoring client transactions for suspicious activity and ensuring timely reporting when necessary.
-
Record-Keeping: Maintaining accurate records of AML-related activities, including due diligence documentation, suspicious activity reports, and training records.
The above-mentioned services are not limited and depend on every individual request/situation.
If you require any additional information or consultation, please contact us via our email: symeon@pogosian.lawyer or via +357 25 255051.
_____
RESPONSIBILITY INFORMATION:
The content of this publication, prepared by Symeon Pogosian LLC, is intended to provide a guidance and information, and is not professional
advice. Before making any decision or taking any action that could affect the financial situation of your business, you should consult with qualified
professional staff at Symeon Pogosian LLC. The company is not responsible for any claims, losses or inconveniences resulting from the use of the information contained in this document.