Anti-Money Laundering and Anti-Terrorist Financing (AML/ATF) Internal Audits

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Under the Proceeds of Crime (Anti-Money Laundering and Anti-Terrorist Financing) Regulations 2008 (POCR), an AML/ATF Regulated Financial Institution must ensure an independent AML/ATF audit is conducted annually. The audit must be conducted by a qualified independent third party or internally by persons independent of any other function and independent of the lines of business over which the function has audit responsibilities and financial operations.

The independent audit function must provide and document an independent and objective evaluation of the reliability, integrity and completeness of the design effectiveness of the AML/ATF framework, including testing the internal controls on an annual basis.

Who needs us?

  • Banks
  • Digital Asset Businesses
  • Money Service Providers
  • Insurance Managers
  • Fund Administrators
  • Corporate Service Providers
  • Insurance entities carrying out longterm insurance

Annually, we prepare 100+ audit reports, for 80+ audit clients across 10+ industries.

How can we help?

As part of our service offering, we will work in partnership with you to provide an audit solution that meets your needs and aligns with your objectives. We provide a range of services across all industries to help Banks, Fund Administrators, Insurance Companies, as well as Payment Service Providers to supplement their Internal Audit function.

With an ever changing AML/ATF landscape, having an experienced audit team is essential. Our AML Centre of Excellence comprises of subject matter experts who have helped clients with all AML/ATF matters.