AML/CTF Compliance

AML / CTF Legal Compliance
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Establishment of AML/CTF Compliance Program that includes policies, procedures, and internal controls that are designed to detect, prevent, and report money laundering and terrorist financing activities:

• Development of AML/CTF policies and procedures;
• Implementation of Customer due diligence/ KYC processes;
• Establishment of AML/CTF Risk Assessments including Enterprise-wide;
• Risk Assessment and Customer Risk Scoring;
• Implementation of Monitoring, Reporting and Record-keeping;
• Development of AML Training program.

AML / CTF Compliance Services
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1. Preparation of tailor-made internal AML program to suit your individual business needs 

   We provide a comprehensive service for the development of your AML porgram, tailored to meet your unique requirements. Our legal solution includes setting up AML Policies and procedures, including KYC, ODD, EDD, crypto AML solutions, advising on AML processes’ implementation, suggesting possible customers’ identification/verification, risk scoring and transaction monitoring solutions, conducting Enterprise wide risk assessments, providing staff training, and much more. 

2. Assessment of your current AML documentation
   If you already have your internal AML regulations in place, we can conduct an expert evaluation to assess your compliance with current AML laws and regulations. Our certified CAMS Specialist will thoroughly review your internal policies and procedures, including crypto AML specifics, to identify any potential shortcomings and provide you with recommendations for improvement, if needed.
3. Development of smooth on-boarding process to your client
   The on-boarding process is a crucial aspect of any business relationship as it allows you to understand your clients’ needs and goals and prevent any potential abuse of your services. At the same time, it is essential to ensure that the on-boardingprocess is customer-oriented and user-friendly to provide a positive experience for your clients.Our team can assist you in designing and implementing an easy and efficient on-boarding process that meets all legal requirements while also ensuring a smooth and hassle-free experience for your clients. We can help you identify the necessary procedures and documentation required by law and streamline the on-boarding process to make it as straightforward as possible for your clients.
4. AML / CTF compliance training for your employees
   Our comprehensive staff training system is designed to focus on the practical implementation of AML processes. We believe it’s essential for employees to not only understand the principles of AML but also the significance of their application in practice. We recognize that AML regulations are constantly evolving, and as such, our training program is designed as an ongoing process. We provide regular courses for your employees, along with seminars to keep them informed about any updates or changes in AML Law Lithuania and regulations, specially in crypto AML regulatory enviroment.
5. AML/CTF Audits
   Our Anti-Money Laundering (AML) Audit Service is designed to help businesses ensure compliance with AML laws and regulations. Money laundering is a serious issue that can have severe consequences for businesses that fail to comply with AML regulations. Our AML Audit Service offers a comprehensive review of your business’s AML policies, procedures, and internal controls, to help you identify any gaps in your compliance and take corrective action to prevent money laundering and terrorist financing activities.Our AML Auditors will provide you with a detailed report that outlines any areas of non-compliance, deficiencies, or weaknesses in your AML program, as well as recommendations for improvement.
6. Ongoing AML / CTF compliance support
   We understand that sometimes AML / CTF legal matters may be complicated and difficult to directly apply to the business activities. Our Ad-hoc Assistance and Compliance support provides businesses with expert advice and support on Anti-Money Laundering (AML) related matters. Money laundering is a complex issue that requires businesses to be vigilant and proactive in identifying and preventing potential risks. Our team of experienced AML professionals can provide you with ad-hoc assistance and consultations to help you navigate through any AML related matters that your business may face.Our ongoing AML/CTF compliance support can help you with a range of AML related matters, including the development and implementation of AML policies and procedures,  AML/CTF processes including customer due diligence processes, risk assessments, employee training, transaction monitoring, reporting, etc.

Additional Services Related to AML / CTF Compliance
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1. Establishment of organizational structure – assistance identifying the appropriate legal structure, incorporation of holding companies in tax efficient jurisdictions, transferring companies shares, designing ownership structure, etc.;
2. Tax advisory – guidance and advice regarding tax obligations and liabilities, minimizing tax liabilities from cross-border activities, creating a tax planning strategy, etc.;
3. Preparation of internal documentation – preparation of tailor made AML / CTF Policy with Annexes, Terms & Conditions, Privacy Policy, Cyber Security Policy, etc.;
4. Assistance in hiring employees – guidance and support to employers who are looking to hire new staff. Such service includes potential employees background / knowledge check, interviewing, establishment of employment policies and procedures, etc.;
5. Assistance in creating partnerships – support and advisory in various potential partnerships and collaborations with other entities in terms of additional services (e. g., IT, KYC, banking service providers) or additional financing (e. g., organizing meetings with VC, agnel investors, preparation of pitch deck, etc.);
6. Legal support in crypto related projects – assistance in token offering legal support (ICO/STO/IEO), private placement rounds, preparation of legal opinions, analysis of business models, etc.

For more please see our Services page.