Services
We can cover all your AML/CFT requirements, making compliance simple and straightforward.
Audits
All reporting entities (RE’s) under the AML/CFT Act must undergo an independent AML audit of their risk assessment and programme every three years for DIA, FMA and Reserve Bank RE’s, or at any other time requested by their supervisor.
We can provide audits for any entity that requires it under this Act. This includes financial advisers, lawyers, accountants and real estate agents – in other words, all Phase 1 and Phase 2 entities.
On completion of the audit, a written audit report is provided outlining whether the minimum requirements of the AML/CFT Act are met, the effectiveness of your AML/CFT programme, and any changes that may be required.
Why choose Strategi?
- AML/CFT specialists since 2013;
- Over 1,200 AML/CFT audits completed across Phase 1 and 2 entities;
- National audit coverage;
- Professional standards;
- Flexibility: onsite or remote audits;
- Practical solutions;
- Ongoing support;
- Cost-effective.
Strategi conducts independent audits to assess how well you are meeting your regulatory obligations. Our audit reports are compliant with guidelines from all the AML/CFT supervisors, and include clear recommendations for any remedial action.
We also provide:
- Transaction audits
- Gap analysis of compliance frameworks
- Pre-audit readiness reviews
Advisory
Had a letter from your supervisor asking lots of questions that you don’t know how to answer? Or been issued a warning that if you don’t remedy a breach, there will be worse to come? Or are you setting up new and don’t know where to start?
From the serious to the everyday – we can help. Strategi’s AML/CFT experts are available to assist with any issue, through our full range of AML/CFT advisory services. If we don’t have the expertise in-house, we’ll refer to you to one of our specialist partners who does.
AML/CFT compliance advice
Strategi provides tailored compliance advice to ensure your business meets the latest regulatory requirements. We stay up to date with AML legislation, FATF guidance, and local supervisory expectations.
Our services include:
- Regulatory gap analysis
- Guidance on regulatory filings
- Alignment with AML/CFT best practices
- Preparation for regulatory reviews and audits
Risk mitigation planning
Strategi helps develop mitigation plans based on your risk profile. We provide:
- Industry-specific advice for higher-risk sectors
- Geographic risk assessments and controls
- Enhanced safeguards for high-risk clients and transaction types
AML technology implementation
Strategi supports businesses in selecting and implementing technology to improve compliance outcomes. Our consultants advise on:
- Automated transaction monitoring systems
- Digital onboarding and eKYC platforms
- Data analytics tools to detect patterns and anomalies
- RegTech solutions to streamline reporting and oversight
AML/CFT ‘Quick Check’ service
Three years between AML audits is a long time, and businesses can fall behind on regulatory changes, new products, or evolving technologies and threats. Our AML/CFT ‘Quick Check’ service acts as a mid-term health check, ensuring your business remains on track with the latest AML/CFT regulations.
Benefit from Strategi’s expert oversight and practical compliance solutions. Our experienced team conducts meticulous ‘mini audits’, offering actionable recommendations to strengthen your AML/CFT practices. With efficient remote processes and timely results, ensure your business stays ahead of compliance challenges.
Risk assessment and programme
Strategi can assist reporting entities to keep their Risk Assessment and AML/CFT Programme up to date. Our Risk Assessment and AML/CFT Programme review service will annually look at how you operate, what changes have occurred in your business, legislation, regulation and AML supervisor guidance, then make the changes necessary for your two key documents to meet your legal obligations.
Software partners
Many of our clients have large numbers of clients onboarded each year. For those clients, customer due diligence (CDD) can be costly and time-consuming.
To help ease the burden, Strategi has partnered with some of the best specialist AML software providers to provide clients options for a fast, efficient software solution.
Training
Strategi has a range of AML/CFT training options available to ensure employees are aware of the risks of money laundering and terrorism financing and know how to respond. This includes:
- online learning for staff and AML/CFT compliance officers;
- generic or bespoke Zoom and classroom-based courses for staff and AML/CFT compliance officers;
- annual refresher training; and
- ongoing training throughout the year.
Staff training is a legal requirement under AML legislation. Strategi delivers tailored training for all levels of your organisation:
- Introductory AML awareness training
- Role-specific sessions for compliance officers, front-line staff, and senior managers
- Ongoing education to keep pace with evolving risks and regulatory updates
Training is delivered online through Radar, via Zoom, or in-person.