Financial Crime continues to be of increased concern to governments, regulatory and financial institutions, from the largest global organisations to the smallest companies and partnerships. Preventing and detecting financial crime is one of the biggests challenges, the impact of which extends well beyond monetary losses to reputation and brand, employee morale, business relations, as well as regulatory censure.
Anti-money laundering
Our AML team has played a vital role in addressing diverse issues concerning money laundering for organisations. Our aim is to assist in mitigating risks associated with money laundering while enhancing regulatory standards for robust programs and controls. Leveraging extensive expertise, we possess a comprehensive understanding of the challenges and intricacies impacting the market. Our AML specialists have vast experience in leading anti-bribery and anti-corruption related matters.
Sanctions
Our Sanctions team is strategically positioned to aid clients in safeguarding themselves against criminal activities and the progressively assertive measures of regulators. Whether it's drafting and executing new operational frameworks, rectifying historical issues, devising and validating controls, or reshaping the organizational culture and capacity, our team operates on a global scale, collaborating closely with financial institutions.
Market abuse and surveillance
Our market abuse and surveillance team has the collective aim of supporting financial institutions to detect and prevent market abuse, and in doing so, ensure that global financial markets are a clean and fair place to do business.Our team has a deep understanding of market abuse related regulations and comprises regulatory, risk, technology, controls and industry experts who understand surveillance ecosystems.We offer a wide range of services in supporting clients to articulate how market abuse can manifest within their business and helping firms to implement proportionate surveillance and monitoring approaches to mitigate those risks.
CDRO
Our Contract Digitisation, Remediation and Outreach (CDRO) team helps clients leverage technology to identify, streamline and automate the extraction of data from their contracts, as well as assisting them in creating digitised contracts and updating/repapering existing contracts. We actively support clients seeking to understand the risks associated with their contract portfolio; and we work collaboratively with them to repaper contracts in line with their regulatory obligations, in addition to helping them identify and embed the contract technology approach that best meets their current and future needs.
Fraud
Fraud is a major cross-sector issue, one that costs the economy billions each year. We support our clients to stay abreast of these changes and operate compliant, efficient and effective business models. For over 20 years, we have had a strong brand profile around regulatory protection and fraud risk management, developed through our extensive history supporting organisations respond to fraud risks and investigate incidents of fraud, reinforced by our related capabilities in Financial Crime.
Financial Crime Solutions
No matter how big or small, we work in partnership with our clients to undertake: Financial Crime health checks; provide digital innovative solutions for responding to Financial Crime incidents, remediating past deficiencies, developing and enhancing frameworks and operating models, as well as; optimising detection capabilities.
Our managed services for KYC and AML deliver an end-to-end, plug-and-play solution for our clients. We pride ourselves on our technological expertise including both in-house technologies and the tech alliances. By combining extensive expertise with industry leading technology, high-quality data, and unique mapping intelligence, we create user-friendly solutions tailored to diverse industries and jurisdictions.
Contact us
Mark Loring
Partner, Financial Crime Managed Services Lead, PwC United Kingdom
Tel: +44 (0)7801 766449
