Russia

Compliance and AML services 

KPMG specialists provide full range of anti-money laundering ("AML"), compliance, risk management and internal controls advisory services to banks and financial institutions.
Compliance and AML services

Effective compliance, risk management and internal controls systems are the cornerstone elements of each and every financial institution. In Russia where the whole compliance environment and underlying legislation are relatively new and are being frequently changed, our advice helps to minimize the possibility of reputational risk, financial loss as well as risk of criticism from local and international regulators, parent companies and investors.

Contacts

 
Dmitry
Chistov 

Dmitry Chistov

Director, Forensic

+7 495 937 44 77

Our team of professionals having practical experience of working in financial sector in Russia and overseas can help clients to:

 

  • Design, implement and improve their AML, compliance, internal audit and risk management policies, procedures and controls.
  • Provide assistance with setting up efficient AML, compliance, internal audit and risk management functions for financial institutions.
  • Perform gap analysis against national, international and corporate standards in the covered areas, carry out money laundering investigations and compliance assessments.
  • Perform end-to-end AML processes assessment and remediation, including through in-depth historical transactional analysis with the use of KPMG’s proprietary AML tools.
  • Perform in-depth pre-acquisition compliance and AML due diligence and post-acquisition integration support.
  • Provide assistance with design and implementation of automated AML transaction monitoring and/or sanctions screening solutions.
  • Perform compliance and AML due diligence reviews on customers, partners, suppliers and other third parties to ascertain that they adhere to national, international and corporate standards.
  • Perform comprehensive diagnostics of risk management and internal controls systems and processes and provide recommendations for their improvement.
  • Develop training materials in the covered areas and perform training of the relevant staff.