AML/CFT, Regulatory Compliance and Training

Newoon supports businesses in developing proportionate and effective AML/CFT and regulatory compliance frameworks while providing practical, role-specific training tailored to each organization’s activities, risk exposure and staff responsibilities. Our services help organizations identify and manage financial crime risks, maintain appropriate client and transaction records, meet regulatory obligations and demonstrate compliance to management, auditors and regulators. Training can be delivered to directors, senior management, compliance officers and operational employees.

AML/CFT, Regulatory Compliance and Training

Our Services include:

AML/CFT framework development
Business, customer and transaction risk assessments
AML/CFT policies and procedures
Customer Due Diligence and Enhanced Due Diligence
KYC file reviews and remediation programmes
Beneficial owner identification and verification
Sanctions and PEP-screening procedures
Transaction monitoring frameworks
Suspicious transaction identification, escalation and reporting procedures
MLRO and DMLRO support and training
Independent AML/CFT compliance reviews
Regulatory remediation programmes
Compliance monitoring plans and reporting support
Regulatory inspection preparation
General AML/CFT awareness training
Director and senior management compliance training
CDD, EDD, KYC and beneficial ownership training
Sanctions and PEP-screening training
Customer and transaction risk-assessment training
Record-keeping and regulatory reporting training
Role-specific compliance workshops
Compliance induction for new employees
Annual refresher training
Knowledge assessments and training records
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