Anti-Money Laundering Compliance for Cross-Border Businesses
Anti-money laundering compliance is not a peripheral obligation for international businesses — it is a core operational requirement, and one that is increasingly scrutinised by regulators, banks, and business counterparties. The consequences of AML failure range from regulatory sanction and banking loss to criminal liability for directors and beneficial owners.
Elaris provides a comprehensive AML compliance service for international businesses, fund structures, regulated entities, and professional intermediaries. We build bespoke compliance frameworks aligned with FATF standards, EU Anti-Money Laundering Directives, and the domestic AML legislation of the jurisdictions in which our clients operate.
AML Compliance Services
AML Risk Assessment
A written risk assessment of the business, covering inherent risks by client type, geography, product, and delivery channel — and the mitigating controls in place. Updated annually and on material changes to the business.
AML Policies & Procedures
Drafting of a comprehensive, bespoke AML/CFT policy and procedures manual aligned with the applicable regulatory framework — covering client onboarding, transaction monitoring, record-keeping, and suspicious activity reporting.
MLRO / Compliance Officer Support
Acting as Money Laundering Reporting Officer (MLRO) or providing support to an in-house MLRO — including Suspicious Activity Report filing, regulatory liaison, and staff training.
KYC/KYB Onboarding Frameworks
Designing and implementing Know Your Customer and Know Your Business onboarding frameworks, including customer due diligence procedures, enhanced due diligence triggers, and beneficial ownership verification protocols.
Ongoing Transaction Monitoring
Establishing and maintaining a transaction monitoring framework calibrated to the risk profile of the business — with defined thresholds, red flags, and escalation procedures.
Regulatory Liaison
Representing clients in communications with regulatory authorities, financial intelligence units, and correspondent banks on AML-related matters — including responses to information requests and regulatory examinations.
The FATF Framework and What It Means for Your Business
The Financial Action Task Force (FATF) Forty Recommendations establish the global standard for AML and counter-terrorist financing. Virtually every significant banking jurisdiction requires its financial institutions to apply the FATF framework — which means that businesses whose AML compliance does not meet FATF standards face the very real risk of losing banking access, regardless of where they are incorporated.
Elaris builds every AML compliance framework to FATF standards from the outset. This is not merely a regulatory exercise — it is a commercial necessity for any business that requires and intends to maintain access to the international banking system.
Ready to Begin?
Speak to an Elaris advisor about your specific requirements. Initial consultations are complimentary and without obligation.