Manage Money Laundering Risk

Manage Money Laundering Risk

Manage Money Laundering Risk
Manage Money Laundering Risk

CYW can help financial institutions, professional service suppliers and non-financial regulated businesses to Manage Money Laundering Risk.

Our processes are designed to uncover risks to your business and mitigate those risk with policies and processes that actually help you to uncover opportunities to improve your business and its bottom line.

Our Model

Manage Money Laundering Risk carefully.
Manage Money Laundering Risk strategically

There are generic software analysis products to grade risk in relation to Anti-money laundering. Really basic high, medium and low options sometimes with a matrix to aid understanding. It is critical you go deeper than this for risks that are multi-faceted. How a business does this can uncover threat, risk and harm and actually help to secure opportunities.

We go a step further because protecting your business is important.

Managing Risk Strategically
Managing Risk Strategically
  • C – Criticality of the risk.
  • A – Accessibility or ease of exploiting it.
  • R – Recoverability, how difficult would it be to recover should you go ahead.
  • V – Vulnerability, how vulnerable you are.
  • E – Effect of the risk if it is realised.
  • R – Recognition, how easy it is for others to recognise your vulnerability.

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Business Growth Versus Risk

Manage Risk in a structured way.
Manage Risk in a structured way.

While initially designed for the Military, the model is widely used (mostly in the US) to identify commercial opportunities and measure the risk in exploiting the market. It is used in both the private and public sector. Managing risk does not mean reducing business opportunity, it can actually help uncover it.

Specific Anti-Money Laundering Risk

Know your customer. Be it onboarding or during a review, we will help you to search in 30 languages.

Understand customer risk
Understand customer/employee risk

Know your employee. We help you to properly vet your employees.

Know Your region. We will provide you with a detailed report on doing business in risk regions.

Know your product. You understand your product. But would it be wise to get a third independent view? We will provide that reassurance audit.

Contact us for a FREE Risk Assessment

Free Risk Assessment
Free Risk Assessment