Over the last month, the team at TAG Consultancy has grown and as such, so has the extent of our service offering. We are now excited to announce that we will be offering the following compliance services:
1. Compliance Policy write-ups & reviews
These include AML, CFT, Fraud & other Compliance Policies. Our team can assist in the drafting and review of these policies in order to ensure that they are compliant with all the latest laws and regulations.
2. Independent Audit
The GFSC’s Guidance note on Systems of control to prevent the financial system from being used for money laundering or terrorist financing activities requires all relevant business, with some minor exceptions, to conduct an independent audit over policies, controls and procedures. Our team at TAG Consultancy can perform an independent review of your AML policies and procedures in line with the new requirements as per the GFSC’s AML / CFT Guidance Notes. The OFT has also issued some guidence for HVD’s/HRD’s and REA’s. More information can be found here.
3. AML Training
It is necessary for Companies to recognise, develop and maintain a risk-based and comprehensive AML/CFT framework to mitigate and prevent these threats. In addition, a Company’s members of staff should have appropriate training on a regular basis, which usually means at least once a year, relevant to their job in order to discharge their duties. Our specialists at TAG Consultancy can assist you with all of your AML training needs.
4. GDPR Training
The General Data Protection Regulation (“GDPR”) came into force on 25 May 2018 and is a law on data protection and privacy in the European Union and the European Economic Area. As described in the GDPR, all members of staff should be trained on data protection. Our specialists at TAG Consultancy can assist you with all of your GDPR training needs. GDPR legislation can be found here.
5. One-off KYC & AML Consultation
There may be instances when you require assistance with one off compliance issues We at TAG Consultancy will be happy to discuss these with you and provide you with whatever assistance you may need.