Compliance Alert - Consulting


Compliance Alert LLC supports its customers’ Compliance and Regulatory requirements. As an independent organisation we offer an additional line of defence in an increasingly rigorous regulatory environment.

AML Review

We can review your control framework and client files, then prioritise the specific activities needed to remediate any weaknesses identified.

An AML Review includes a detailed review of your AML Policies and Procedures, which includes:

  • A review of your AML/CFT Policy & Procedures
  • Client onboarding procedures and KYC responsibility allocation
  • AML Business Risk Assessment
  • Customer Risk Assessment procedures
  • Ongoing Due Diligence procedures
  • Suspicious Activity reporting

We will also review:

  • the processes in place for transaction monitoring, ongoing sanctions compliance, identifying and reporting suspicious activities and any IT solutions in place to deliver these requirements
  • internal governance arrangements around the AML framework, including internal reporting, escalation processes and dispute resolution
  • the training needs analysis process and corresponding training programme in place
  • a representative sample of Client files across all types of business, geographies and financial services provided, concentrating on those Clients that present the most risk

We will work with you to prioritise the specific activities that must be carried out in order to remediate any weaknesses identified from our review of your AML framework and Client files.

These tasks will be risk-based, time-bound, and assigned an appropriate owner.

Why an independent review can be more powerful

Employing a third-party specialist to conduct your monitoring can be more powerful than in-house assurance activity, where those carrying out the reviews are not always truly independent.

We deliver independent compliance monitoring for many organisations and have done for years. In doing so, we can help bring a fresh view that can only be provided by an independent firm with experience in so many firms.

How we can support your Firm

Compliance Alert can help you by:

  • Risk-mapping your business against applicable rules and regulations to define a complete regulatory risk universe for your monitoring programme
  • Creating a bespoke, risk-based Compliance Monitoring Programme, which takes account of your business model, governance arrangements, activities, size, volume and the complexity of your business
  • Phasing the monitoring to ensure that all activities are monitored at least once over a twelve-month period, proportionate to their risk
  • Preparing a report which contains our detailed findings, which are prioritised by risk-rating
  • Making recommendations how to mitigate risks, weaknesses, breaches or remediate ineffective controls identified in the report

Where required, following the Compliance Monitoring review, Compliance Alert can provide support with remediation projects, provision of experienced resources and a follow-up review to confirm resolution of identified issues. Contact us to talk to one of our specialists today.

A solid defence strategy will carry you through any number of unexpected eventualities. Good planning, good preparation and a good defence are imperative in today’s highly regulated environment.
We work hard to provide solutions to issues before they happen – to cultivate a culture of compliance, to create solid internal controls and procedures and to draft workable and practical policies and procedures including compliance plans and programs.

Compliance Alert Consulting is a boutique business Advisory/Consultancy where the focus is always on delivering measurable results in order to drive long term sustainable shareholder value.

Compliance Alert Consulting specializes in understanding your complex business issues and challenges, and encourage you to not only see who we are, but how we can achieve astounding results through our mix of contextual, cultural and emotional intelligence.

Ours core value proposition is to assist its clients with identifying, planning and implementing operational performance improvement initiatives, in order to achieve operational performance excellence. Major benefits include:

 - Increased Revenue
 - Reduced Costs
 - Improved Customer Experience
 - Improved Compliance & Control
 - Improved Competencies

We are able to provide clients with advanced research, analysis, reporting and access to insights on their industries, market segments, competitors, new innovations and bench-marking amongst others at a global, macro and elementary level.

Compliance Alert Consulting comprises a number of experts-consultants with years of practical, hands-on experience including senior management positions.

Since Compliance Alert engages only experienced and highly qualified practitioners for its training, we are more than equipped to help identify, assess and solve most of your technical and operational and regulatory challenges.