Policies & Procedures

Every company in the regulatory sector is required to maintain Anti Money Laundering (AML) systems and procedures with a risk based approach.
Where there this a possibility of exposure to corruption, companies are expected to have an Anti Bribery and Corruption (ABC) program in place

Due to the fact that AML and ABC are seen as a necessary evil rather than a competitive differentiator firms can be hesitant to upgrade or replace their existing ABC and AML systems and procedures.

Specrim can carry out an AML and ABC assessment on your systems and procedures to ensure they meet regulatory requirements.

ABC assesments are carried against the requirements of BS10500 and the proposed standard of ISO37001 due late 2016

In addition to the AML and ABC assessment, Specrim can assist in the development of AML policies and procedures to safeguard your business against criminal activity or regulatory fines for inadequate procedures.