About us

What we do

McDonell-Nadeau are internationally recognized experts in Financial Integrity. A global network of expert consultants dedicated to helping both governments and the private sector combat financial crime including money laundering and terrorist financing through strategic advice, practical guidance, technical expertise and supportive technology.

Products and Services

Strategic and Technical Advice for Countries on FATF and FSRB Matters

Advice and assistance in relation to Mutual Evaluations, Follow-Up Reports and the FATF International Cooperation Review Group grey-listing process.

Preparation for: the Technical Compliance and Effectiveness Compliance questionnaires and submissions, on-site visits by the assessment team, guidance and feedback on drafts of Mutual Evaluation and Follow-Up Reports, ICRG Post-Observation Period Reports and Action Plan progress reports and assistance in preparing for FATF and FATF-Style Regional Bodies Plenary meetings and ICRG Joint Group meetings.

Strategic and Technical Advice – Risk Assessments for Governments under the FATF Standards

Assistance with the overall risk assessment process and risk-based approach, including inherent risk assessments, analysis of Technical and Effectiveness compliance gaps against the FATF Standards and the development of risk mitigations.

Legal Drafting Assistance

Guidance, drafting and feedback in relation to laws, regulations and other enforceable means to technically comply with the FATF Standards.

Capacity Building and/or Training – for Governments and for the Regulated Private Sector

Development and delivery of customised programs in relation to all aspects of the FATF Standards and Assessment Methodology for the 11 Effectiveness Immediate Outcomes…

Including:

National Risk (I01), International Cooperation (I02), Supervision of Financial Institutions (FIs), Designated Non-Financial Businesses and Professionals (DNFPBs), Virtual Asset Services Providers (VASPs) (I03), Private Sector Preventive Measures Compliance (FIs, DNFBPs and VASPs) (I04), Transparency of Legal Person and Arrangements (I05), Dissemination and Use of Financial Intelligence (I06), Money Laundering (ML) Investigations and Prosecutions (I07), Confiscation (I08), Terrorism Financing (TF) Investigations and Prosecutions (I09), Targeted Financial Sanctions (TFS) (IO10), Supervision of Non-Profit Organisations (NPOs) (IO10) and Targeted Financial Sanctions (TFS) for Proliferation Financing (PF) (I011).

Strategic and Technical Advice – 
Risk Assessments for the Private Sector

Assistance in relation to Risk Assessments for Financial Institutions (FIs), Designated Non-Financial Businesses and Professionals (DNFBPs), and Virtual Asset Service Providers (VASPs).

Strategic and Technical Advice – 
Private Sector Compliance Programs

Assistance in relation to Compliance Programs for Financial Institutions (FIs), Designated Non-Financial Businesses and Professionals (DNFBPs), and Virtual Asset Service Providers (VASPs).

National Risk Assessment Methodology

Comprehensive methodology to conduct and draft a National Risk Assessment (NRA) and Risk-Based Approach (RBA) for Money Laundering, Terrorism Financing and Proliferation Financing, including tools for the assessment of inherent risks and the assessment of risk mitigations and residual risks. Supporting guidance, and worksheets.

Risk-based Supervisory Framework

Comprehensive methodology for the development and implementation of supervision of regulated entities on a risk basis, with supporting template and sectoral and entity-level risk assessment tools.

A global team of local experts

McDonell-Nadeau’s expertise in Financial Integrity, AML and CFT spans the globe. Our network of consultants offer unparalleled insights into the world in which we operate.

Rick McDonell
RickMcDonell Co-CEO Ottawa, Canada

Rick McDonell is a Co-CEO of McDonell-Nadeau. He is also Executive Director of the Association of Certified Anti-Money Laundering Specialists (ACAMS). Rick is known globally for his work as Executive Secretary of the FATF including the FATF’s revision of the international AML/CFT/PF Standards, the new Mutual Evaluation methodology covering technical and effectiveness compliance and the expansion of the FATF Global Network to nine FATF-Style Regional Bodies.

Prior to his FATF role, Rick was Chief of the UN Global Program against Money Laundering and the founder and inaugural Executive Secretary of the Asia-Pacific Group on Money Laundering. Rick has extensive experience as a prosecutor and investigator leading complex multidisciplinary investigation Task Forces into organised crime cases both nationally and internationally.

Rick is a member of the Advisory Board on the Future of Financial Intelligence Sharing and Chair of the Advisory Board, and Adjunct Professor for the Executive Master of Arts in Financial Integrity degree program at Case Western Reserve University School of Law in Cleveland, USA.  He is a graduate of Monash University, Australia with a BA, LLB and Graduate Diploma in Commercial Law.

Rick joins the Board of Directors of AML Analytics.

Josée Nadeau
JoséeNadeau Co-CEO Ottawa, Canada

Josée Nadeau is a Co-CEO of McDonell-Nadeau. She is also an AML/CFT/PF Consultant for the International Monetary Fund and the Asian Development Bank. Josée has extensive knowledge of the FATF Standards and Methodology including all aspects of the Mutual Evaluation process, ICRG process, and National Risk Assessments, as well as extensive hands-on implementation of the Standards in countries in all regions of the world.

Josée was Head of the Canadian Delegation to the FATF and to its regional bodies in the Caribbean, South America and Asia-Pacific. Josée led Canada in the FATF’s revision of its AML/CFT Standards in 2012, the FATF evaluation of Canada in 2016 and was co-chair of one of the FATF review groups.  She has worked with many international and national organisations, including the FATF, OECD, the G7/8, the G20, the UN, Finance Canada, and the Bank of Canada.

Josée is an Adjunct Professor for the Executive Master of Arts in Financial Integrity degree program at Case Western Reserve University School of Law in Cleveland, USA and a graduate of the Université de Montréal with a B.Sc and M.Sc in Economics.

Mark Hammond
MarkHammond Consultant Geneva, Switzerland

Mark Hammond has over 25 years of experience working on international financial crime issues and has worked for the governments of Canada and the United Kingdom, the FATF and Egmont Group of Financial Intelligence Units, and also in the private sector. Mark has held various managerial, advisory and policy roles in Canada (Public Safety, Canada Revenue Agency), in the United Kingdom (National Crime Agency, Charity Commission) and in Australia with Ernst & Young’s Risk Advisory Services.

Having worked with over 150 countries on AML/CFT issues with the Secretariats of the FATF and Egmont Group, Mark specialises in providing analysis and advice on operational effectiveness issues supporting Financial Intelligence Units and law enforcement agencies, and national AML/CFT/CPF policy and coordination, including designing and calibrating risk-based approaches for government, the private and civil society sectors.

Mark has a Masters in Public Administration (MPA) from Dalhousie University in Canada and a Bachelors degree from the University of Wales, Swansea. Mark is an accredited project manager (University of Toronto) and has been trained and worked as criminal intelligence analyst and financial investigator.

Marijn Ridderikhof
MarijnRidderikhof Consultant Antwerp, Belgium

Marijn Ridderikhof is a financial integrity consultant for McDonell-Nadeau, the IMF and the Council of Europe. He is an experienced global AML/CFT and Anti-Corruption specialist with extensive knowledge of regulating and supervising financial institutions and designated non-financial businesses and professions, and of the FATF Standards, the Mutual Evaluation and ICRG processes.

Marijn has worked at the Dutch Central Bank (DNB) as a senior expert in integrity supervision when he led several projects in this field, including in the Netherlands and the Dutch Caribbean. He represented DNB in the Delegation of the Kingdom of the Netherlands to the FATF and CFATF for many years, including through participation in the FATF working groups responsible for the revision of the AML/CFT Standards. He also served as a financial expert in the Mutual Evaluations of Australia and South Africa.

Marijn is a graduate of the University of Amsterdam with a Master’s degree in Law (LL.M with a specialization in European and International Law) and passed several exams in Economic and Commercial Law, and also in International Relations at the Université de Paris I (Panthéon-Sorbonne).

Wayne Walsh
WayneWalsh Consultant Hong Kong, China

Wayne Walsh S.C. is a practising barrister who specializes in financial crime and compliance.  He was previously a prosecutor with the Department of Justice in Hong Kong for 25 years and a regular member of the Hong Kong, China delegation to the Financial Action Task Force (FATF).

From 2010 to 2012, Wayne co-chaired a FATF Working Group which revised the current FATF Forty Recommendations.  He participated in FATF Mutual Evaluations as a legal assessor and assisted Hong Kong, China during its FATF Mutual Evaluations in 2008 and 2019.  Wayne continues to advise the Hong Kong Monetary Authority on AML/CFT standards and is an AML/CFT consultant for the International Monetary Fund (IMF).

Early in his career, Wayne worked as an Inspector in the Royal Hong Kong Police Force, a commercial litigator, and a prosecutor with the Serious Fraud Office in New Zealand.  He is the author of the legal textbook “Cross-Border Crime in Hong Kong: Extradition, Mutual Assistance, Financial Sanctions” which was published by Lexis Nexis in 2020. Wayne holds a Bachelor of Arts (Honours) degree from the University of Otago, a Bachelor of Laws degree, also from the University of Otago, and a Master of Laws (Honours) degree from the University of Auckland.