Financial Crime Compliance for Regulated Firms
AML/CFT frameworks, KYC/KYB programmes, sanctions compliance, transaction monitoring, fraud risk and crypto-specific financial crime controls.
Speak to an ExpertWhat We Do
Financial crime compliance is a core regulatory requirement for every regulated firm. We build, review and strengthen financial crime frameworks covering AML/CFT, KYC/KYB, sanctions, transaction monitoring, fraud risk and crypto-specific controls.
AML/CFT Framework
We design and implement comprehensive AML/CFT frameworks tailored to your firm’s risk profile, customer base and product set. This includes business-wide risk assessments, written policies and procedures, governance arrangements, record-keeping standards and regulatory reporting obligations.
KYC/KYB Programme
We build customer and business due diligence programmes covering identity verification, enhanced due diligence for high-risk customers, PEP and sanctions screening, source of funds and source of wealth procedures, and ongoing monitoring requirements.
Sanctions Compliance
We design sanctions compliance frameworks including real-time screening against OFSI, OFAC, EU and UN sanctions lists, alert handling procedures, escalation processes and regulatory reporting for sanctions matches.
Transaction Monitoring
We help firms design and calibrate transaction monitoring rules, establish alert-handling workflows, reduce false positive rates and ensure suspicious activity is identified, investigated and reported in accordance with NCA requirements.
Fraud Risk & APP Fraud
We advise on fraud risk frameworks including Authorised Push Payment (APP) fraud controls, confirmation of payee, fraud detection systems and the PSR’s reimbursement requirements for payment firms.
Crypto Financial Crime (KYT)
For cryptoasset firms, we build Know Your Transaction (KYT) frameworks, on-chain monitoring procedures, wallet screening, travel rule compliance and crypto-specific suspicious activity indicators.
AML Audit
We conduct independent AML audits assessing your firm’s compliance with the Money Laundering Regulations, FCA requirements and JMLSG guidance. Our audit reports identify gaps and provide actionable remediation recommendations.
Frequently Asked Questions
A business-wide risk assessment, written AML/CFT policies and procedures, customer due diligence processes, transaction monitoring, suspicious activity reporting, staff training, record keeping and an independent audit programme.
Yes. We design and document complete customer due diligence programmes tailored to your firm’s products, customer types and risk appetite.
Yes. We specialise in KYT (Know Your Transaction), on-chain monitoring, wallet screening, travel rule compliance and crypto-specific suspicious activity indicators.
An independent assessment of your firm’s AML/CFT controls against the Money Laundering Regulations, FCA rules and JMLSG guidance. It identifies gaps and provides remediation recommendations.
The FCA expects regulated firms to conduct an independent AML audit at appropriate intervals. For most firms, this means annually.
Yes. We advise on suspicious activity identification, SAR drafting, NCA Defence Against Money Laundering (DAML) requests and consent regime procedures.
The PSR requires payment firms to reimburse APP fraud victims in most cases. We help firms implement confirmation of payee, fraud detection controls and compliant reimbursement procedures.
Speak to Our Team
Get in touch to discuss how we can support your regulatory and compliance needs.
info@regulatorycounsel.co.uk | 2 Frederick Street, London WC1X 0ND