Most firms don't understand how the legislation applies to their business. That leaves them unable to withstand scrutiny — because they can't explain their 'why'
We translate the legislation into your firm's specific context so the reasoning behind every compliance decision is documented, defensible, and already on file when regulators come looking.
If the reasoning isn't already documented, you don't get a chance to explain, you get a finding.
MLR tightening supervision is moving to the FCA. Regulatory expectations are updated regularly and most firms aren't keeping pace.
With FCA taking over MLR supervision, you're more likely to be reviewed on AML than on your actual regulatory space
Directors are liable for systems and controls (Reg 21) — you cannot delegate this accountability
MLROs face personal liability under POCA (up to 5 years imprisonment)
For Directors
Who cannot delegate their Reg 21 liability for systems and controls.
If your records cannot show the answers, you are already non-compliant.
Why is your policy appropriate for your firm?
Why did you define your risk categories in the way you have?
Why did your monitoring not trigger enhanced due diligence?
Why did you decide on that approach?
HaloAML reviews what you already have, apply the legislation to your firms specific business, and produce a written assessment of where your framework stands. The gaps are identified before a regulator finds them - not after.
Start with a review We audit your existing framework and reveal any gaps
Ongoing support at any time for a second opinion on complex transactions
No retainer. Fixed fee. No ongoing commitment unless you want it.
