Financial Crime is an increasing concern for all financial institutions, from global organisations to smaller companies. Preventing and detecting Financial Crime is rapidly evolving to be one of their biggest challenges, the impact of which extends to reputation and brand, business relations, as well as regulatory censure and fines. Effecta works with its clients to remediate past deficiencies and develop enhanced internal procedures and policies in line with the changing landscape.
Financial Crime extends beyond Anti Money Laundering and includes:
- Anti-money laundering, counter terrorist financing and sanctions
- Anti-bribery and corruption
- Market abuse