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.
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.
Assistance in relation to Compliance Programs for Financial Institutions (FIs), Designated Non-Financial Businesses and Professionals (DNFBPs), and other reporting / obliged entities.
Assistance in relation to Risk Assessments for Financial Institutions (FIs), Designated Non-Financial Businesses and Professionals (DNFBPs), and other reporting / obliged entities.
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).
Products and services tailored to the specific needs of the rapidly evolving VASP sector, including assistance in relation to enterprise-wide risk assessments, assessing and improving AML/CFT compliance programs, FATF Travel Rule compliance, development and delivery of AML/CFT training programs, and strategic advice related to licensing and registration requirements and other regulatory matters.
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.
Comprehensive methodology to conduct and draft a National Risk Assessment (NRA) and Risk-Based Approach (RBA) for Money Laundering, Terrorist Financing and Proliferation Financing, including tools for the assessment of inherent risks and the assessment of risk mitigations and residual risks with supporting guidance and worksheets.
Guidance, drafting and feedback in relation to laws, regulations and other enforceable means to technically comply with the FATF Standards.