Anti-money laundering

AML global alignment: Two steps forward, one step backĀ 

Sanctions: US and EU action on Ukraine

Anti-Money Laundering: Know Your Customer Quick Reference Guide

Financial Crimes Unit on anti-money laundering and sanctions

Goods gone bad: Addressing money-laundering risk in the trade finance system

Although financial institutions have had anti-money laundering (AML) and economic crime control programs for quite some time, many still do not have sustainable, cost-effective processes. Boards and senior management are increasingly seeking to build integrated, risk-based and efficient AML compliance control programs.

Not only are institutions concerned about avoiding enforcement actions or remedying weaknesses and failures, many are learning that by treating these initiatives as long-term investments, they can capitalize on these opportunities.

How PwC can help you:

At PwC we have professionals that perform money laundering vulnerability assessments, compliance program evaluations, and gap analyses. We can develop a recommended approach for reducing risk, enhancing risk management, and implementing operational solutions.

We also work with clients to help them gain greater confidence that their AML compliance controls are specifically designed, efficiently implemented, and sufficiently robust to effectively manage their multitude of risk and regulatory requirements. Our team of professionals can help you:
  • Leverage technology and use the right tools for AML compliance
  • Create effective, efficient and sustainable AML compliance control programs
  • Improve the function and performance of your automated suspicious activity monitoring systems and processes
  • Improve the quality of AML internal audits
  • Design and implement effective customer due diligence processes
  • Train directors, senior executives and employees on topics ranging from specific aspects of compliance to regulatory expectations and industry trends
  • Create leading-edge customer risk models
  • Remediate data quality to improve AML control process effectiveness