Financial crime procedures set out how a regulated firm identifies, prevents, detects, and responds to financial crime risks including money laundering, fraud, bribery and corruption, tax evasion, and sanctions breaches. The FCA expects regulated firms to have documented, proportionate procedures in place and to demonstrate how they are applied in practice.
We draft financial crime procedures tailored to the risk profile of your business, covering customer due diligence, suspicious activity reporting, sanctions screening, fraud prevention controls, and staff training obligations. We review existing procedures against current FCA guidance and JMLSG recommendations.