What we do?
Compliance Services
|
Investigations
|
Legal Funding
|
Compliance Consultancy Services
Policy, Governance and Regulatory Reviews
Financial Services License applications
Compliance Support
- Health checks on existing policies, procedures and controls
- Gap analysis of existing policies against local regulations
- Creation of Policies, Procedures and Controls
- Perform mock regulatory reviews to ensure airtight compliance systems are in place
- Conduct or Review: Assurance reviews / Risk assessments
Financial Services License applications
- MAS (Monetary authority of Singapore) license applications (Payment Services Act, CMS Capital Markets Services License)
- Crypto Exchanges, Payment providers, Brokers, banks
- Development of Business Plan, evaluation of policies and procedures, assistance in setting up Singapore entity, arranging bank accounts and offices, providing responses to MAS queries, preparation for MAS interviews, advisory on licenses requirements, assistance in filling out application forms
Compliance Support
- Advise on systems selections (KYC, monitoring and screening, enhanced due diligence (EDD) investigations)
- Manage implementations
- Evaluate difficult cases
- Ongoing review, refresh of clients
- Staff augmentation (where ad hoc support is needed for e.g. review of source of wealth / source of funds, mitigation of all kyc files of entire population, action items after audits e.g backdated reviews)
- Onboarding New Customers: Carry out enhanced due diligence for a new potentially high risk customer.
Compliance Trainings
Get an in-depth look at the latest developments in compliance. Tailored to provide actionable insights, these sessions explore best practices in compliance and keep your organization up to date in key trends for regulation and emerging risks.
Overview sessions:
Targeted sessions:
Breaking silos: moderated knowledge sharing sessions
- AML best practices
- AML regulation
- Sanctions
- ABC (Anti Bribery and Corruption)
Targeted sessions:
- For AML, ABC and Sanctions:
- Specific to departments and countries
- Example: for HR or client advisers screening
- Best practice for:
- KYC
- Transaction monitoring
- Sanctions screening
- PEP screening
- Client due diligence
- EDD
- Client onboarding
- ABC
- SAR filings
- Investigation techniques and cases
- Overview of data sources
- Data science tools
- Use of OSINT tools
- Link analysis
- Case Management
- Law enforcement liaison and report preparation
- Crypto and other digital assets
- Fraud
- Governance, Policy and control frameworks
- E.g. committees required, topics to be covered, tracking of decisions
- How to do a risk assessment
- (ABC, AML, Sanctions, enterprise wide risk assessment)
- Transaction monitoring or sanctions alerts
- How to do red flag assessments
- Review MLRO decisions
- Conducting audits
Breaking silos: moderated knowledge sharing sessions
- Panel discussion to disseminate key experiences in compliance tasks. For example: how an individual linked to a PEP got onboarded, how a fraudulent crossborder payment was approved, how a team successfully identified they were dealing with a sanctioned Russian oligarch, how a SAR led to uncovering a large criminal network linked to online gambling, how did we pick our vendor for transaction monitoring, how are we monitoring our AI detection tools.
Case Investigation Services
Investigation Software Tools
Who we are?
|
|
RisikoTek is an award winning software and services company specialized in the detection of financial crime.
Our founders are amongst the world leading Anti Money Laundering Experts and are sought after conference speakers, task force leaders and AML trainers to some of the largest and most influential government agencies in the world. |