MLRO Reviews & Reports – Financial Services

AML is an area of growing significance with the potential for personal liability for firms. There is value in having reviews and reporting prepared by an independent expert or at least reviewed and commented on independently to aid credibility internally, with banking service providers, regulators etc.  e.g. for example, the annual MLRO report.  It helps avoid the allegation of the MLRO ‘marking their own homework’. It also may add more weight, as it reduces the risk that over-familiarity might downgrade the impact of conclusions for internal stakeholders. Additionally, it brings an outside expert’s perspective which may add more rigor to the review.

What we can do, for example:

1.    An Interview with the MLCO & MLRO (who may be the same person)

2.    A Review of AML Policies, Procedures and Controls

3.    Review a number of sample files

4.    Interview some staff members

5.    Report in writing on our findings with Recommendations

6.    Follow Up Remote Review to ensure the recommendations have been implemented

We will work with SME businesses (primarily Fintechs and start-ups) in the following sectors in the UK:

  • Payments
  • Open Banking
  • Crypto
  • Money Remittance
  • FX Exchange

Contact Us

Feel free to contact us, ideally by using the 'How can we help you?' form below.

Other AML Support for Financial Services Firm

MLRO Support Retainer - Financial Services

AML Training

We can also help with FCA Licencing or Registration

"We at Spires Legal wholeheartedly recommend Ingemar and his team at Hunnings Consultancy Ltd. Ingemar has supported us throughout our journey from new start up to established firm. It is refreshing to have a consultant that takes the time to understand your business and its priorities, stands by your side as it develops and is flexible in approach as your needs change.
The feedback we have from our team, and which we regularly hear from others is that Ingemar is an insightful and knowledgeable trainer who is comprehensive yet engaging in his approach. Still unsure? Five minutes on the phone with Ingemar and you will be sold on how much value he can add to your business!"

Arj Arul - Director at Spires Legal

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Business Support for Law Firms

We will get back to you within 24 hours. For more information and to discuss how our service can work for you;
Call: 07887 524 507 
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Send us an email:
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Quality services, in a timely & efficient manner for a reasonable fee. Assisting clients since 2014 as their Trusted Advisers on matters relating to the running of their Business.