AKW Consultants AML/CFT experts assist customers with distinguishing and remediate weaknesses in their associations.
We can assist you with comprehension and address your AML challenges with demonstrated insight, arrangements, and results. Our AML consulting services can help you meet elevated administrative assumptions and alleviate the dangers related to money laundering.
We have developed an itemized information on the best way to deal with managing nearby controllers – including the Financial Intelligence Analysis Unit (“FIAU”), Malta Financial Services Authority (“MFSA”), and the Malta Gaming Authority (“MGA”).
It is accordingly basic to have the correct group on your side. We work with customers to recognize, oversee and moderate their AML/CFT hazard openings in accordance with authoritative necessities and industry best practices.
Our group has broad AML ability and incorporate Certified Anti-Money Laundering Specialists (CAMS), just as prepared experts, who have worked in an assortment of AML tasks. Besides, our group incorporates previous administrative inspectors, who carry significant viewpoints to AML commitment.
We have taken care of enormous AML projects for customers locally and universally and effectively help customers with consistent issues through reviews, checking, preparing, and progressing warning jobs.
1.Assess whether the company qualifies within the definition of Licensee
2.Conduct review of the business activities to determine “Relevant Activities”
3.Differentiate between Main or Ancillary Relevant Activities to prevent duplicate reporting
4.Identify State Core Income Generating Activities (“CIGA”)
5.Assess whether the Intellectual Property Business gets covered under High Risk IP Licensee definition
6.Submission of Information Notification on an annual basis covering:
–Whether there are Relevant Activities conducted or not
–Gross income subject to tax in a jurisdiction outside of the UAE
–Date of end of the Financial Year
1.Identify current gaps to fulfill the requirements of Economic Substance Test with regards to:
2.Advise on possible restructuring and recommendation to increase the level of Economic Substance
3.Submission of Economic Substance Report within 12 months of end of the Financial Year
4.Provide additional information as may be required by the Authority
5.Provide additional information for High Risk IP Business