Financial Crimes Compliance

As we rely more heavily on technology, the internet and new financial products such as cryptocurrencies, the probability, and severity of financial crime continue to increase. As a result, financial crime continues to be one of the largest threats to financial institutions. The impact is more than monetary; financial crime can cause serious reputational damage that adversely affects growth and customer retention. In response, governments have taken a larger role, increasing regulations and sanctions in recent years. Financial services institutions need to respond effectively and take proactive steps in the selection and onboarding of clients.

To be effective, a financial crimes program also requires implementing a comprehensive enterprise-wide infrastructure incorporating strong processes, procedures, policies, and governance. Mitigating internal and external exposure to the risks of financial crime must always be a top priority. To respond to the risk of financial crimes, financial firms continue to leverage innovative solutions from external compliance experts that increase the effectiveness of risk management and crime prevention and build solutions in-house that are tailored to their needs. At DLA, we can play a central role in your efforts to protect your business.

Anti-Money Laundering (AML) and Bank Secrecy Act (BSA)

At DLA, we can assess Anti-Money Laundering (AML) and Bank Secrecy Act (BSA) processes and develop target operating models, which can significantly improve capability.  We can also provide highly effective program management, delivery, implementation and remediation services.

We have significant expertise in the full range of financial crime prevention:

  • Sanctions transaction monitoring
  • Know Your Client (KYC) procedures
  • Know your Transaction (KYT) procedures
  • Transaction monitoring alert analysis and review
  • Drafting suspicious activity reports (SARs)
  • Performing customer due diligence (CDD)
  • Enhanced due diligence (EDD)
  • Office of Foreign Assets Control (OFAC)

Our AML professionals are expert in delivering and supporting a comprehensive AML and BSA Program through comprehensive and effective:

  • Strategy and board reporting
  • Program creation, framework, and schedule
  • Program remediation and reporting
  • Examination coordination and response
  • Risk assessment
  • Documentation creation
  • Program testing
  • Training
  • Transaction monitoring software implementation and support

Anti-Bribery and Corruption

Our Anti-Bribery and Corruption experts can help you prevent and detect bribery and corruption threats with leading-edge solutions, which include:

  • Anti-Bribery and Corruption Strategy Consulting
  • Expertise in US Foreign Corrupt Practices Act Compliance and global requirements such as the UK Anti-Bribery Act 
  • Implementing prevention, detection and monitoring technology
  • Implementing data analytics and technology solutions
  • Conducting third-party due diligence
  • Supporting investigations and litigation matters
  • Performing forensic analysis
  • Conducting training

Meet the Experts