Expertise> Practice areas> Financial Crime Advisory

The board of directors is ultimately responsible for establishing the organisation’s financial crime framework. With the ever-changing regulatory environment and the increased scrutiny and enforcement by regulators, financial crime compliance has taken a central role within a board’s agenda and this will invariably remain an area of focus for years to come. Sanctions, anti-money laundering, counter terrorist financing, whistleblowing, market abuse and insider dealing, bribery and corruption are all areas which need to be addressed by a robust anti-financial crime framework and sound governance practices.

Anti-financial crime compliance needs to be assessed in light of the relevant sector within which the organisation operates. There is no one size fits all and therefore any policies, procedures and internal controls need to be based on an assessment of the relevant risks which the organisation faces depending on the sector in which it operates.

Ganado Advocates is considered as market leader in financial services. Our team of dedicated lawyers and other professionals have advised numerous clients (including banks, payment institutions, trustees, funds, fund managers, fund administrators and corporate service providers) and understand the operational, organisational and regulatory challenges which they face. Through this in-depth knowledge of the relevant sectors coupled with the expertise in financial crime, Ganado Advocates is very well positioned to provide your organisation with a bespoke solution for a robust financial crime compliance framework and for ongoing support and assistance.

Our team can assist with:

  • providing legal advice in relation to compliance with statutory requirements arising under AML legislation, regulations and implementing procedures;
  • advising on restrictive measures pursuant to sanctions issued by the United Nations Security Council and the European Union
  • assisting in relation to compliance with obligations arising under the Market Abuse Regulation framework
  • drafting and/or reviewing of financial crime related policies and procedures (including governance frameworks and covering areas such as anti-money laundering and funding of terrorism, sanctions, whistleblowing, market abuse);
  • the drawing up of ML/FT business risk assessments and customer risk assessments;
  • assistance in the run up to compliance visits and ongoing support throughout compliance visits;
  • assisting with representation with regulators;
  • assisting with appeals or other similar proceedings;
  • assistance with establishing and implementation of remediation plans;
  • testing through health checks and internal audits;
  • presentations to the board of directors;
  • staff training.

Key contacts

Anthony Cremona

Partner

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James Farrugia

Partner

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Catherine Formosa

Senior Associate

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Mario Zerafa

Senior Associate

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