Services
Risk assessments & strategy development
- Supporting jurisdictions in preparing and updating ML/TF/PF risk assessments, including sectoral and thematic risk assessments, such as for legal persons and legal arrangements, virtual assets, and handling of the proceeds of tax evasion.
- Developing and implementing national, sectoral, and institutional strategies and action plans.
- Building long-term capacity in domestic agencies to sustain effective risk understanding.
Technical compliance
- Conducting desk-based analysis against the FATF’s 40 Recommendations.
- Providing jurisdictions with a comprehensive technical compliance gap analysis.
- Drafting proposals for legislative or regulatory reforms.
- Assisting competent authorities with the preparation of AML/CFT/CPF guidance material.
Specialised technical assistance
- Developing BO transparency frameworks and ensuring accurate and accessible BO data.
- Developing supervisory regimes, focusing on effective enforcement mechanisms.
- Developing FIU structures and effective use of intelligence, aligned with R.29.
- Guiding competent authorities on effectively implementing TFS, with an emphasis on supervision and use of intelligence.
- Developing effective frameworks for the oversight and monitoring of NPOs, aligned with revised R.8.
Mutual evaluation preparation, follow-up support & action plans
- Training stakeholders and raising awareness of the mutual evaluation process.
- Assisting with preparation of technical compliance and effectiveness questionnaires, and other jurisdiction reporting templates.
- Preparing competent authorities and private sector entities for on-site interviews.
- Developing action plans to address mutual evaluation recommendations.
- Providing strategic advice at national coordination meetings.
ICRG & compliance enhancing measures
- Preparing jurisdictions for POPRs and other ICRG processes.
- Developing strategic action plans for ICRG-listed jurisdictions.
- Assisting domestic agencies and political leadership to successfully engage with ICRG Joint Groups.
- Working with jurisdictions to navigate CEPs and enhanced measures.
Private sector risk and compliance advice
- Advising institutions on how current and upcoming FATF requirements will apply within their jurisdiction(s), including multi-jurisdiction operations, and helping clients map out compliance strategies.
- Developing tailored ML/TF risk assessments for banks, DNFBPs, VASPs and other obliged entities, to identify vulnerabilities and prioritise mitigation measures in line with a risk-based approach.
- Assisting clients with the design of AML/CFT/CPF compliance and remediation programmes, from customer due diligence and transaction monitoring to governance, training, and audit mechanisms designed to meet international best practice and protect against corporate liability.
- Guiding clients on the interplay between AML/CFT standards and other regulatory regimes (e.g. tax transparency, anti-corruption, data protection), ensuring a holistic approach to compliance and risk management.
Connect with Monere Global today
Find out how we can help your organisation or jurisdiction navigate complex AML/CFT challenges and build robust, effective defences against financial crime.