Money laundering and terrorist financing risks

Money laundering and terrorist financing are serious threats to businesses and society at large. Anti-money laundering and counter-terrorist financing regulations are therefore strict and place stringent demands on business operators in particular. This applies to both the administrative rules and the criminal law rules. We offer legal expertise to help you minimise the risk of your business becoming involved in money laundering and to ensure that your business complies with the requirements, regardless of your sector or geography.

Effective and secure regulatory compliance

Money laundering and terrorist financing are global problems and constitute systemic threats to democracies. Financial systems are being exploited for criminal purposes, placing high demands on businesses to maintain robust compliance processes. We offer legal advice to help you ensure your business complies with the stringent anti-money laundering and counter-terrorist financing rules and other related regulatory requirements, including international requirements such as AML and KYC.

Understand your needs and reduce your risks

The regulatory framework governing anti-money laundering and counter-terrorist financing places high demands on some businesses in terms of transparency, due diligence and reporting. These requirements can be perceived as demanding, especially for companies with international operations or operating in high-risk industries. In addition to these administrative requirements, there are criminal law rules concerning, inter alia, money laundering offences and business money laundering. The criminal law rules apply to all types of activities. It is also common for companies to have a responsibility to their business partners to take various types of measures to minimise these money laundering and terrorist financing risks, regardless of legal requirements. We help you manage anti-money laundering rules, implement effective compliance programmes and minimise the risks of your business being affected by, or coming into contact with, money laundering or terrorist financing. Successful work in this area makes you a trusted business partner, which has a direct business benefit.

Our offer

Our lawyers have extensive experience working on anti-money laundering issues and have advised businesses in a range of industries to navigate these complex regulatory frameworks. We understand that every business has unique needs and challenges, which is why we offer customised advice tailored to your specific situation.

We can help you with:

• The identification of relevant requirements for your business, both legal and otherwise;
• The assessment of business risks, both administrative and criminal;
• The development and implementation of effective anti-money laundering and counter-terrorist financing (AML) compliance programmes;
• Advice on Know Your Customer (KYC) and due diligence processes, both for on-boarding and for ongoing monitoring;
• Investigations of suspicious activities and reporting to relevant authorities;
• Legal assessments of specific transactions and business models;
• Training and support to management and staff on money laundering and terrorist financing issues;
• Advising on international anti-money laundering regulations and co-ordinating with local advisors.