Financial Crime Benchmarking Programme

Financial Crime is an increasing concern for all financial institutions, whether you are a large global organisation or a small regulated firm. Preventing and detecting Financial Crime is quickly evolving into one of the biggest challenges for companies, the impact of which extends well beyond financial losses, damage to reputation and brand, employee morale, business relations, as well as regulatory censure.

The FCA requires all authorised firms to have systems and controls in place to mitigate the risk that they might be used to commit financial crime and firms must prove that they have robust governance, effective risk procedures and adequate internal control mechanisms to manage their financial crime risk.

As a leading RegTech provider, ComplyPortal is pleased to announce our new Financial Crime Benchmarking Programme.

ComplyPortal’s Financial Crime Benchmarking Programme are a series of questionnaires designed by Compliance and Financial Crime experts, to help companies assess their current financial crime programme and identify any potential gaps that may need to be addressed, including:

  • Governance
  • Structure, Accountabilities and Responsibilities
  • Risk Assessments
  • Policies and Procedures
  • Recruitment, Vetting, Training & Awareness
  • Oversight, Monitoring & MI

Buy it now for £795 plus VAT.

You will get online access to all 6 questionnaires via our ComplyPortal platform, where you can complete, review, and download your Financial Crime Benchmarking Programme.

Need Additional Assistance?

Our Financial Crime Benchmarking Assessment is just the start. Our expert consultants at Complyport are helping to make sure that firms can meet obligations to defend against Financial Crime, with support including:

Anti-Money Laundering (AML) /Counter Terrorist Financing (CFT) reviews and health checks – Using our online assessment tool, Complyport can further review areas of concern with your current AML and CTF controls and risk framework, matching it against legal and regulatory requirements, industry best practice and your firm’s internal risk appetite, policies and procedures.

Implementation of robust AML and CTF controls and frameworks – Our team is able to assist your firm in developing and implementing robust and proven financial crime prevention controls and frameworks.

Fraud Prevention – Fraud is a predicate offence to money laundering and presents a dual risk to firms, if permitted to go unchecked. Complyport can help your firm mitigate these risks by the implementation of effective fraud prevention policies and procedures, a review of your fraud prevention controls, or training of your staff.

Anti-Bribery & Corruption – Similar to fraud, bribery too is considered an acquisitive crime and as such serves as a predicate offence to money laundering. Complyport can help your firm mitigate these risks by the implementation of effective anti-bribery and corruption  policies and procedures, a review of your anti bribery and corruption controls or training of your staff.

Financial crime topics Complyport assists firms with:

  • Financial crime health checks and audits,
  • Implementation of financial crime, AML, CTF, ABC, Fraud and market abuse controls and frameworks,
  • Ongoing advice on financial crime, AML, CTF, market abuse and fraud prevention,
  • Authoring/reviewing financial crime policies,
  • Outsourced MLRO support
  • Outsourced KYC and CDD support,
  • Assistance in identifying Politically Exposed Persons (PEPs),
  • Assistance in navigating international sanctions,
  • Support with preventing market abuse and insider dealing,
  • Expert Witness in Financial Crime cases
  • Forensics and Investigations
  • Design and/or delivery of online or face to face financial crime training

Contact us today if you would like a consultant to review your completed questionnaire responses or for additional consultative services.

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