AML & KYC

Know Your Customer (KYC) is an essential practice to protect financial institutions from fraud and losses resulting from illegal frauds and transactions. KYC is a part of the Anti-Money Laundering (AML) and it refers to different procedures the financial institutions adopt to establish customer identity and to understand the nature of customer’s business activities, in order to asses the money laundering risks associated with the customers. Leverage our specialists’ extensive experience in the financial institutions, GCC AML & KYC solutions assist our clients with:

  • Provisions of review and advice on
    • the updated of client’s AML procedures and policies documentation;
    • client’s customer on-boarding;
    • ongoing client’s customer account maintenance;
  • Evaluation of client’s independence AML oversight capability
  • Evaluation of the effectiveness, shortfalls, and high-risk areas of client’s existing AML approach
  • Training on AML and KYC