Regulatory Health Check

Complimentary AML and Financial Crime Framework review for small and medium-sized companies

As regulations evolve and regulators refocus their priorities, understanding your business’s current state is vital to ensuring you meet your obligations, remain up-to-date with the changing regulatory landscape and horizon scanning for pending regulatory changes and what that would mean for their business.

Our Regulatory Health Check is a complimentary service offered to small and medium-sized companies seeking to sense check and validate their existing framework.

This service is built on our knowledge of the regulated sector and existing regulations, how to best meet these obligations and benchmarking your framework against up-to-date industry best practice and regulatory horizon scanning for future changes.

The health check is a high-level review that engages with key stakeholders to assess the current status and identify strengths, weaknesses, areas for improvement and recommendations for achieving these improvements.

Regulatory Health Check engagement

Our Regulatory Health Check is the perfect way for senior executives and board members or new Money Laundering Reporting Officers (MLROs) to get an independent, high-level assessment of their framework.

Our Regulatory Health Check activities include

A review of the client’s current financial crime structure

Policies, procedures and standards reviewed for key regulatory gap analysis

Reviewing Politically Exposed Persons (PEP) assessment criteria, data capture and register

Assessment of existing customer risk assessment model against regulatory and industry standards

Reviewing audit findings to assist with prioritising corrective action plans

Meeting with financial crime and wider staff to understand the company culture towards AML obligations

Review of the Enterprise-Wide Risk Assessment (EWRA) to assist with prioritising corrective actions

Assessment of existing Management Information (MI) reporting suite

Reviewing Customer Screening, CDD and risk assessment methodologies to ensure they are fit for purpose

Benchmarking of framework against industry peers

Reviewing training material and delivery framework to ensure it meets objectives

Targeted, bespoke controls testing to identify gaps

Our Regulatory Health Check output

Health Check report outlining the review brief and subsequent findings

Remediation plan to address gaps or shortcomings in framework

Regulatory horizon scanning to map known priorities to Health Check findings

Contact us

Contact us today to initiate a conversation that could pave the way for a successful partnership. Whether you have inquiries about our services, need tailored solutions for your specific business needs, or simply want to explore potential collaborations, our dedicated team is ready to connect.

Contact us at or fill out the form below and we’ll have one of our specialists reach out to you as soon as possible.
 needs the contact information you provide to us to contact you about our services. For information about our privacy practices and commitment to protecting your privacy, please read our Privacy Policy.