AML advisory

Financial Crime Risk Management

Our Financial Crime Risk Management division, consisting of industry experts, is committed to managing your Financial Crime Risks and ensuring that you are compliant with the latest regulatory requirements.

Here are a few insights into how a company can mitigate its financial crime risk.

Ensure that you comply with legislation:

Financial crime related legislation and enforcement :  escalating

 - They include:

  • Anti-Money Laundering
  • Counter-Terrorist Financing
  • Sanctions
  • Anti-Corruption
  • Tax Evasion

 - Non-Compliance can lead to

  • Operational distractions
  • Penalties and fines
  • Licensing issues
  • Strained relationships with regulators
  • Contract terminations
  • Negative publicity

Ensure that you meet the standards of your counterparties:

 - As Financial crime related legislation and enforcement escalate, counterparties increase their expectations for conduct standards and outcomes.

 - Failure to meet those expectations can result in:

  • Loss of counterparty relationships
  • Claims for perceived breaches of expected standards
  • Increase in counterparty scrutiny and costs

Ensure that your activities are viewed favourably by the media:

 - Media coverage of financial crime lasts forever. The media may report on:

  • Financial wrongdoing
  • Penalties and fines

Ensure that you protect your assets:

 - Fraud methods and channels are evolving and intensifying with fraud losses resulting from:

  • Identity theft
  • Cybercrime
  • Employee theft
  • Vendor fraud

Securefact’s Financial Crime Risk Management division partners with organizations to mitigate risk and ensure compliance. We tailor our services and programs based on the role you have within your organization

We help Compliance Officers with:

  • Designing, Building, or Refining your Compliance Program
  • Understanding the legislation, and how it applies to your business
  • Performing an Examination of the Risks of a Product, Service, Geography or Access Channel
  • Preparing for an Exam
  • Preparation for a Regulatory Examination
  • An Independent Evaluation of the Effectiveness of your Compliance Program
  • A Regulatory Examination that Resulted in a Penalty or a Remediation Order
  • A Board request for an Investigation or Review Related to Regulatory Compliance
  • Evaluating or improving the effectiveness of your AML monitoring methods
  • Outsourcing certain client identification and monitoring requirements
  • The Training and Education needs at your company
  • Temporary staffing to support your day-to-day operations  

We Help Business Unit Leaders with:

  • Designing or Refining your Compliance Program to Satisfy your Compliance Group
  • Designing and implementing customer-friendly processes and software that achieve compliance
  • Understanding the legislation and how it applies to your business
  • Performing an Examination of the Risks of a Product, Service, Geography or Access Channel
  • An upcoming Internal Audit
  • An Independent Evaluation of the Effectiveness of your Compliance Program
  • Remediation of your Files because of a Regulatory Exam or a Compliance Initiative
  • Outsourcing certain client identification and monitoring requirements
  • The Training and Education needs at your company
  • Temporary staffing to support your day-to-day operations  

We help Directors with:

  • Specialized training to understand regulatory expectations and the role of the Directors in meeting those expectations;
  • An independent assessment of the effectiveness of a compliance regime
  • A situation that demands an investigation into conduct related to compliance or financial crime

We help lawyers with:

  • Opinions or perspectives on industry standard practices
  • Developing a response to regulatory exam results or interventions, and related investigations.

We Help Government with:

  • Preparing for an FATF, FATF Regional Style Body or United Nations Evaluation
  • Guidance to build capacity in your intelligence or compliance enforcement groups
  • Developing or implementing a beneficial ownership registry

We help the Media with:

  • A quote, interview or support with research on a topic related to financial crime

We help Trade Associations with:

  • Developing standard practices for compliance for your membership
  • Training or conference sessions
  • Public speaking or key note speaker opportunities related to financial crime

For AML advisory inquiries, please contact Moh Datoo directly at 416-640-6979 or