AML Specialist

AML Specialist

Morling Consulting offers specialized services within anti-money laundering (AML) regulations for companies in sectors such as finance and banking, insurance, accounting, and real estate agent. Our experienced AML specialists assist you in complying with the anti-money laundering act and sanctions regulations. We support you with the know-your-customer process (KYC), investigations of suspicious transactions, and analysis and documentation of complex ownership structures, particularly in high-risk sectors for money laundering and terrorism financing.

We aim to help your business adhere to AML regulations and prevent misuse for criminal purposes through tailored and practical solutions. Morling Consulting also provides dedicated AML legal counsels who offer training, updates to policy documents, and assistance with regulatory authorities contact.

What is money maundering?

Money laundering is a process where funds generated through illegal activities are made to appear legitimate through various methods. It involves creating a legal explanation for funds derived from activities such as drug trafficking, tax evasion, or other criminal activities. This practice poses not only a threat to businesses and society but also significant legal risks for organizations inadvertently exploited for money laundering or terrorism financing. Examples of money laundering include:

  • Finance and banking sector: Transactions where large sums are split into smaller payments to evade reporting thresholds.
  • Insurance companies: Placement of illegal funds into life insurance policies, and later redeemed.
  • Accounting services: False invoices issued, with an accountant unknowingly facilitating what appears to be legitimate transactions.
  • Real estate agents: Purchasing property with proceeds from illegal activities, which is later sold or leased and the income appears legitimate.

Our AML specialists identify risks relevant to your business to protect you from both legal and financial consequences. Morling Consulting’s AML analysts work with AML regulations in the fintech sector, traditional financial institutions, and other businesses subject to AML requirements. We also support other financial service providers offering services to companies covered by AML regulations.

Certified AML Specialist

Working as an AML specialist involves navigating complex regulations and conducting meticulous analyses. While there is no formal requirement for certification in these roles, certifications such as “Certified AML Specialist” (CAMS) can be a valuable asset.

Certified specialists demonstrate an understanding of AML regulations, including sanctions regulations and international standards from the FATF. However, for employers, practical experience and expertise are often as important as formal education.

Our AML consultants bring extensive experience in the AML field and a deep understanding of industry-specific challenges. With our assistance, your company can build a robust AML strategy that ensures compliance and prevents financial crimes.

Professional assistance from our AML consultants

Do you need support to ensure compliance and reduce the risks of money laundering? Morling Consulting offers both legal expertise and practical experience in AML. We work closely with you to tailor processes to your business while meeting regulatory requirements.

We assist you with:

  • Risk assessments under the anti-money laundering act
  • Review of know-your-customer (KYC) and ownership structures
  • Investigation of suspicious transactions
  • Compliance programs and policies
  • Training in AML and sanctions regulations

Contact us today to discuss how we can support your needs. With our help, you can prevent money laundering and ensure your company meets regulatory requirements.

Contact us

If you prefer phone, please feel free to contact Felix Morling at +46 70 444 42 85

"*" indicates required fields