Specialisations

Financial Crime Risks

• Anti-bribery & corruption (AB&C)
• Anti-money laundering (AML) - in particular, laundering proceeds emanating from the following crimes: 
  • The usual ones, e.g. drug trafficking, frauds / scams, cyber attacks, phising, ransomware, bribes (see also AB&C above), etc.
  • Human trafficking (for sexual exploitation, various forms of slavery and servitude, unlawful refugee & immigrant smuggling / trafficking)
  • Kidnapping / ransom (depending on your areas of operation)
  • Tax evasion
  • Wildlife Trafficking
• Asset tracing and recovery
• Counter-terrorist financing (CTF)
• Counter-proliferation financing (CPF)
• Sanctions programs

Regulatory Risks

• Code of conduct / code of ethics 
• Complaints management
• Conflicts of interest and insider dealing, handling of material non-public information
• Customer fairness and consumer protection; disclosures 
• Privacy (incl. GDPR)
• Product life cycle - from approvals to post implementation testing 
• Suitability - especially investments and insurance products 
• Supply chain management 
• Tax residency reporting - e.g. FATCA, CRS

Reputational Risk Management

Risk Management  

• Culture - without the right culture, you have nothing.....
• Governance, policies and reporting structure
• Issues management: identification, escalation, resolution and reporting
• Risk assessments - enterprise wide; to include products, clients, geography etc.
• Risk appetite and risk tolerance  
• Risk Map
• Risk Register
• Top & Emerging Risks