Services
FLE Compliance & Regulatory Consulting is a company that offers support and guidance to both private and public sector clients in matters related to good governance and the prevention of financial crimes. These two sectors are continuously facing new and growing challenges to their security as technology advances and criminals become more sophisticated. This means that the need for effective measures to combat financial crimes, such as money laundering, bribery, corruption, fraud, market abuse, tax evasion, and sanctions, is becoming even more critical.
Due to the tightened regulations in the area of financial crime, these sectors are under constant pressure to ensure they are in compliance with these regulations. FLE Compliance & Regulatory Consulting provides assistance to help clients stay ahead of these challenges and comply with the regulations. This includes providing guidance on compliance procedures, identifying and mitigating risks, and implementing systems and processes to prevent financial crimes.
In conclusion, FLE Compliance & Regulatory Consulting offers critical support to clients in both the private and public sectors to help them maintain good governance and prevent financial crimes. With the increasing challenge posed by advancements in technology and criminal sophistication, the company plays a crucial role in helping clients meet the demands of ever-increasing regulations.
Public Sector
In the public sector, FLE Compliance & Regulatory Consulting has a special focus on providing services to transition and developing countries. The company helps facilitate sustainable development and reforms in various public sector areas and policy fields, with a focus on good governance. This includes improving good governance in areas like education, health, public finance management, extractive industries, institutional and infrastructure development, and public procurement. FLE works with clients to implement projects in government organizations or public administrations. These projects promote efficient socioeconomic development, sustainable use of resources, and good governance. The company tailors its services to meet the specific needs of each client, providing high-quality, results-oriented, and cost-effective solutions.
Private Sector
In the private sector, FLE Compliance & Regulatory Consulting offers consulting services to help clients set up effective measures and processes to fight financial crime. The company helps clients identify any policy and procedural gaps through impartial reviews and testing and develops and implements appropriate, risk-based policies and procedures. FLE also offers training and updates to its employees in areas like anti-money laundering, corruption, bribery, data security, fraud prevention, and compliance with sanctions.
Tailor-made onsite training
FLE Compliance & Regulatory Consulting offers customized training tailored to the specific needs of an organization, company, or institution. The training can focus on technical, theoretical, practical, or strategic aspects, depending on the client's priorities.
Risk assessment tool
FLE Compliance & Regulatory Consulting has developed AML/CFT risk assessment tools based on FATF guidelines. These tools are designed to help countries and sectors comprehensively assess the risk of money laundering and terrorism financing. The tools can be customized to meet country-specific and sector-specific needs and requirements, based on discussions, previous national or sector risk assessments, 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
Developing national AML/CFT strategies and action plans
Designing, drafting, and reviewing guidelines for implementing a risk-based supervisory approach
Drafting and reviewing AML/CTF legislation, regulations, policies, and supervisory manuals.
Virtual Assets or Cryptocurrencies
Our Key Experts are specialised in
Identifying money laundering (ML) and terrorism financing (FT) risks associated with new technologies, such as online banking, new payment platforms, prepaid cards, mobile payments, internet-based payment services, e-cash, and internet casinos, as well as the use and abuse of virtual currencies.
Drafting, reviewing, and advising on laws, regulations, and policies governing virtual currencies and cryptocurrencies.
Providing technical assistance and conducting comparative studies of AML/CFT supervisory methodologies for virtual asset service providers (VASPs), with a focus on best practices.
Developing and testing methods to evaluate national ML/TF risks related to virtual assets (VAs) and VASPs.
Providing law enforcement training and workshops to identify money laundering risks in virtual assets or cryptocurrencies.
Beneficial Ownership
Our Key Experts are specialised in
Drafting, reviewing, and advising on policies, laws, and regulations related to Beneficial Ownership
Developing guidelines and roadmaps for establishing and maintaining Beneficial Ownership transparency
Providing guidance on the implementation of Beneficial Ownership transparency
Offering country-specific technical assistance based on an analysis of existing guidelines, policies, and regulations
Conducting workshops and training sessions for relevant authorities in the AML/CFT field to promote Beneficial Ownership transparency.
Transparency of Trusts
Our Key Experts are specialised in
Drafting, reviewing and advising on policy, law, and regulation related to Trusts
Developing guidelines and roadmaps for establishing and functioning of Trusts
Providing guidance on implementing transparency of Trusts
Offering country-specific technical assistance to ensure transparency of Trusts, including support for establishing a central Beneficial Ownership (BO) register as recommended by the AMLD5
Conducting workshops and/or training with competent AML/CFT authorities on ensuring transparency of Trusts.
Non-Profit Organisations (NPOs)
Our key experts are specialised in:
Discussing the current AML/CFT regulatory and supervisory framework for NPOs
Drafting, reviewing and advising on policy, law and regulation for NPOs
Developing guidelines and roadmap for the establishment and functioning of NPOs, and providing an overview of existing international standards to prevent their abuse for ML/TF
Providing guidance to NPOs for conducting risk-based ML/TF risk assessment
Providing technical assistance to countries to comply with FATF standards and the National Risk Assessment
Providing additional guidelines to NPOs for developing and implementing an effective AML/CFT risk management and mitigation program to prevent their abuse for ML/TF
Identifying and discussing internationally known ML/TF risks associated with NPOs
Conducting workshops and/or training with competent authorities in the field of AML/CFT on ensuring transparency of NPOs.
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 analysis
Risk-based supervision approach
Training and workshops for identifying money laundering risks in virtual assets or cryptocurrencies
Confiscation and asset recovery training for enforcement agencies, prosecutors and judges
Detection, investigation, prosecution and adjudication of ML, TF, and corruption cases
Financial investigations
Artificial intelligence workshops for investigating financial crimes
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.