Compliance and AML Support

SERVICE OVERVIEW

The compliance oriented professionals of the 7F team are specialised among other in drafting the necessary procedures that your business requires. Moreover, 7F can offer workshops for account setup, familiarity with wallet security, research, portfolio management and any general questions you might have about cryptocurrency.

 

B2C Services: We offer workshops for account setup, familiarity with wallet security, research, portfolio management and any general questions you might have about Cryptocurrencies.

B2B Services: We can help you starting your own business in the Crypto world such as ICO or Cryptocurrency Platform Exchange among other or, provide services for existing business. Our services are tailored in a business friendly manner based on segregated projects or on-going assistance, monitoring and Key Function fulfilment.

The services cover among other, the AML and General Compliance aspects as well as technological matter related to platform, software and developing aspects behind the technology.

  • Develop and implement an effective compliance program
  • Create sound internal controls and monitor adherence to them
  • Draft and revise company policies
  • Proactively inspection processes, practices and documents to identify weaknesses
  • Evaluate business activities (e.g. investments) to assess compliance risk
  • Collaborate with external parties of the Company when and where needed
  • Set plans to manage a crisis or compliance violation
  • Educate and inform employees on regulations and industry practices
  • Address employee concerns or questions on compliance
  • Keep abreast of internal standards and business goals
  • Assisting with identifying with what, if any, financial or insurance regulation may apply to a client’s proposed business and with preparation and implementation of resulting business plans and regulatory applications;
  • Acting on behalf of service providers in relation to alterations to their licence by adding or removing regulated service categories;
  • Assistance and advocacy at meetings between service providers and regulators, both in relation to client structures and the provider businesses themselves;
  • Preparing contractual documentation for the sale, purchase or transfer of management control of financial and insurance regulated businesses and liaising with the relevant regulators, including upon the merger of licensed entities;
  • Advising on anti-money laundering regulation in relation to regulated and designated businesses;
  • Undertaking anti-money laundering and other compliance checks on clients, to assist service providers conducting enhanced due diligence and increase the acceptability of clients.

INTERESTED IN OUR SERVICES?

We’re always happy to discuss opportunities. Use the contact form or book an appointment or call below!