AML/CFT Compliance Services
Overview
Growing pressure from regulators to comply with Anti-Money Laundering (AML), Counter Terrorist Financing (CTF) and Proliferation Financing (PF) rules and regulations have pushed regulatory compliance high on the agenda of fund management companies. Failure to comply can result in sizable fines from the regulators as well as reputational damage.
To operate effectively and within the parameters of the regulatory requirements, fund managers must install a robust AML/CFT/PF framework and dedicate sufficient resources to identify and mitigate risks. This means pinpointing gaps and implementing improvements in their current procedures e.g. by automating critical reporting, reviewing and enhancing existing processes or by implementing new standards.
Our Offering
OMEA Advisors has extensive experience in assisting fund managers with their compliance procedures and in helping them to meet their regulatory obligations. Our team of AML/CFT/PF and risk management specialists work with clients to identify gaps, overcome past problems and establish remediation plans to ensure compliance with Luxembourg rules and regulations.
OMEA can also assist structures such as AIFMs under the de minimis regime in need of support and substance on the ground in Luxembourg or act as Interim Conducting Officer
for our clients.
Get in touch today for assistance understanding your unique situation under anti-money laundering and counter terrorist financing measures in Luxembourg.