An effective AML/CFT framework starts with a clear understanding of the money laundering and terrorism financing risks associated with an organisation’s customers, products, services, delivery channels and geographic exposure. HLB AG helps businesses develop and strengthen risk-based AML/CFT frameworks that translate identified risks into appropriate policies, procedures and controls.

Our AML / CFT framework and risk assessment services include:

• Enterprise and business-level ML/TF risk assessments
• Customer, product, service and geographic risk assessment
• AML/CFT policy and procedure development
• Risk classification and risk-rating methodologies
• Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) framework reviews
• Beneficial ownership and customer risk controls
• Transaction monitoring and suspicious activity controls
• Sanctions screening processes
• AML/CFT governance, compliance roles and reporting
• Periodic review and updating of AML/CFT frameworks

Qatar’s AML/CFT requirements place significant emphasis on understanding and managing risks through a documented, risk-based framework. HLB AG helps management assess whether existing controls are proportionate to the organisation’s actual exposure, identify gaps and establish practical measures to mitigate identified ML/TF risks.