Internal Policies and Procedures

We assist companies and financial institutions in developing and strengthening internal AML/CTF and sanctions compliance policies and procedures tailored to their risk profile.

Maintaining risk-based, business-specific sanctions and AML/CTF compliance policies and processes may not only help avoid penalties but also allow effective and timely identification and management of the risks faced by a company or a financial institution on a daily basis.

ECOVIS ProventusLaw team may:

Perform business-wide sanctions risk assessment;
prepare internal policies, procedures, and control measures for compliance with the international sanctions;
review and assist in improving existing policies, procedures, and control measures;
consultations may be provided in Mandarin Chinese, Russian, English, and Lithuanian.

ECOVIS ProventusLaw team of sanctions experts consists of banking and financial legal experts highly rated in IFLR1000 2020, IFLR1000 2019 ratings, certified OFAC and international sanctions specialists, legal experts from USA and UK.