Compliance
Regulatory compliance programs tailored to each client’s AML/CFT risk profile.
We design, implement and monitor compliance programs tailored to each client’s risk profile, with special focus on anti-money laundering and counter-terrorism financing rules.
We advise both financial and non-financial obligated entities, including real estate firms, notaries, accountants, lawyers, casinos and general companies.
Our support covers internal manuals, KYC due diligence, staff training, internal audits and reporting duties before the Financial Information and Analysis Unit (UIAF) of the Central Bank of Uruguay.
Initial guidance
When may our advice be useful?
- When determining whether an activity is subject to AML obligations.
- When creating or updating risk matrices, manuals and KYC procedures.
- Before an audit, internal training or review of existing controls.
Methodology
How we work
- 01
Assessment
We review your objectives, background and available documentation.
- 02
Strategy
We assess alternatives, risks and requirements applicable in Uruguay.
- 03
Implementation
We coordinate the necessary steps and follow the matter through completion.
Useful information
Frequently asked questions
Which organizations may need a compliance program?
In addition to financial entities, several non-financial activities have specific obligations. The assessment begins with the activity, clients and risk profile.
Is a compliance program limited to drafting a manual?
No. It requires workable procedures, designated responsibilities, records, training, updates and controls aligned with actual operations.