Anti-Money Laundering (AML) Compliance

Regulators are increasingly focused on enforcing comprehensive rules to prevent money laundering and terrorist financing. Investors are looking for anti-money laundering (AML) compliance programs, and the reputational risk of non-compliance is great. Funds and investment managers face unique risks with AML, and the approach to compliance is different as compared to other financial institutions.

EA RESIG offers a practical approach to build and maintain a compliance program that supports AML requirements defined by U.S., UK, Cayman Island and other regulatory regimes. Specialists work to manage AML risk within the investment management ecosystem by defining risks and evaluating processes, creating policy and procedures to meet those needs, and then managing risk through system oversight on a periodic basis. Our services include:

Compliance Program Design

  • Leverage knowledge of global regulations, asset management experience, risk management and technology expertise to design a “right-sized” AML compliance program

Ongoing Compliance Support

  • CDD/KYC - Conduct ‘client due diligence’ for each investor; collect and verify required investor ‘know your customer’ documentation
  • Transaction Monitoring - Review investment capital transactions and identify any potential red flags
  • Sanctions Screening and Negative News Search - Screen investors and document any adjustments to the risk profile
  • Training - Provide annual AML policy training to the firm’s employees
  • AML Officer - Provide named AML compliance officer to support Cayman Island specific requirements

Risk Assessments

  • Provide annual AML compliance health check to assess internal activities as well as those conducted by fund administrators, custodians, banks and prime brokers

Contact Us