Services

FLE Compliance & Regulatory Consulting provides services to both the private and public sector clients in the areas relating to good governance and detection and prevention of financial crime. Both these sectors face a constantly increasing challenge to their security due to new technological advances and increasing criminal sophistication. Moreover, the tightened regulations in the area of financial crime have also put a constant pressure on these sectors to undertake continuous measures to effectively comply with these ever-increasing regulations, which primarily aim at combating money laundering, bribery, corruption, fraud, market abuse, tax evasion and sanctions.

Public Sector

In the public sector, we have a special focus on providing our consulting services to transition and developing countries. We facilitate sustainable development and reforms across a range of public sector activities and policy fields with a particular focus on good governance issues, such as enhancing good governance in the areas of education, health, public finance management, extractive industries, institutional and infrastructure development, and public procurement. We help our clients to implement economic, institutional and capacity development projects within a particular governmental organization or within the public administration to ensure efficient socio-economic development, sustainable use of natural resources and good governance. We tailor our work to the specific requirements of our clients to provide them with the maximum satisfaction while ensuring high-quality, results-oriented and cost-effective services.

Private Sector

In the private sector, FLE Learning provides consulting services to help its clients in

  • establishing efficient and effective structural and governance measures and/or processes to combat financial crime;

  • identifying policy and/or procedural gaps through impartial review and testing;

  • developing, drafting and implementing appropriate risk-based policies and procedures within the institution

  • delivering in-house training and updates in the area of anti-money laundering, corruption, bribery, data security, fraud prevention, and sanctions compliance.

Tailor-made onsite training

FLE offers tailor-made training adapted to the needs of a specific organisation, company or institution. The focus of the training may be technical, theoretical, practical or strategic, depending on the client’s priorities.

Risk assessment tool

FLE has developed AML/CFT risk assessment tools following the FATF guidelines. Our tools has been developed to assist countries and sectors to comprehensively investigate and analyse the risk of money laundering and financing of terrorism. The tools can be customised as per country-specific and sector-specific needs and requirements following discussions, previous national or sector risk assessment and research methodologies.

Anti Money Laundering & Combating Financing of Terrorism

Our Key Experts are specialised in

  • National risk assessments

  • Sectoral-specific risk assessments

  • Institutional risk assessments

  • National AML/CFT strategy and action plan

  • Designing, drafting and reviewing the guidelines for implementation of risk based supervisory approach

  • Drafting and reviewing the AML/CTF legislation, regulations, policies and supervisory manuals

Virtual Assets or Cryptocurrencies

Our Key Experts are specialised in

  • Identify ML/FT risks associated with new technologies, such as online banking, new payment platforms, prepaid cards, mobile payments, internet-based payment services, e-cash, internet casinos, as well as use and abuse of virtual currencies.

  • Drafting, reviewing and advising virtual asserts/cryptocurrencies laws, regulations and policies.

  • Provide technical assistance and/or comparative study of AML/CFT supervisory methodologies on virtual asset service providers (VASPs) with focus on good supervisory practices.

  • Develop and test a methodology to identify and assess the national ML/TF risks related to virtual assets (VAs) and virtual asset service providers (VASPs).

  • Training and workshop of law enforcement agencies to identify, money laundering risks in virtual assets or cryptocurrencies.

Beneficial Ownership

Our Key Experts are specialised in

  • Drafting, reviewing and advising a policy, law and regulation on Beneficial Ownership.

  • Develop guidelines and roadmap on the establishment and functioning of Beneficial Ownership

  • Guide to implementing beneficial ownership transparency

  • Provide country specific technical assistance after analysing the rulebook drafted and adopted by the Tax Administration on establishing the Beneficial Ownership Registry and provide recommendations for its improvement to make it fully aligned with international standards i.e., 5th EU AMLD and FATF recommendations.

  • Workshop and/or training with competent authorities in the field of AML/CFT on ensuring transparency of Beneficial Ownership.

Combating Corruption & Bribery

Our Key Experts are specialised in

  • Advising on National Anti-Corruption Strategy and Action Plan

  • Advising and/or reviewing anti-corruption laws and regulations and policies

  • Developing enhanced systems for asset declaration, conflict of interest and illicit enrishment for all levels of civil servants, including PEPs and high-ranking officials

  • Developing and reviewing institutional level risk-based anti-corruption compliance strategy

  • Instutational bribery and corruption risk assessment

Financial Crime Training & Workshops

Our Key Experts are specialised in

  • AML/CFT risk assessments - national, sectoral and institutional

  • Risk assessment methodology - designing, data collection and data analysis

  • Risk-based approach to supervision

  • Training and workshop to identify, money laundering risks in virtual assets or cryptocurrencies.

  • Confiscation and asset recovery training to enforcement agencies, prosecutors and judges

  • Detection, investigation, prosecution and investigation of ML, TF and corruption cases

  • Financial Investigations

  • Artificial Investigation workshops to investigate financial crime

  • AML/CFT compliance requirements for reporting entities including banks, non-bank financial institutions, lawyers, accountants, real estate agents, trusts or company service providers (TCSPs) and casinos.