Our Services
Anti-money laundering and due diligence advice
Chris Le Marchant has long experience in anti-money laundering matters. When employed at the Guernsey Financial Services Commission he carried out AML on-site visits to banks and other financial services businesses from 1999 to 2007. He was also involved in drafting the Guernsey Financial Services Commission’s AML Guidance Notes and Regulations in 1999/2000 and was involved in Guernsey and Crown Dependency anti-money laundering policy setting bodies.
Le Marchant offers a range of anti-money laundering services including annual and ad hoc reviews of procedures, policy and practices. We carry out file reviews including retrospective reviews and reviews as part of a due diligence process prior to acquisition or merger. Assistance can be provided in carrying out business risk assessments and in performing periodic reviews of high risk clients and/or the whole client base. Le Marchant can produce periodic reports on a firm’s compliance with its policies, procedures and controls. This is a regulatory requirement in certain jurisdictions.
Anti-money laundering training can be delivered to small groups of employees using case studies tailored to your customer profile. We can also draft or revise anti-money laundering policies and procedures. We licence out case studies to be used by in-house or other trainers in the public or private sector.
Advice is available from Le Marchant on suspicious transactions. We will also assist with liaison with regulators and financial intelligence units on anti-money laundering matters.
Le Marchant can provide a valuable service to the public sector in helping to draft anti-money laundering guidance notes/handbooks and rules and regulations. We can also help in establishing an on-site anti-money laundering visit programme and in training staff and assisting by taking part in on-site visits on a contract basis.