Simplifying Compliance for Your Business
Solutions
Industries We Serves
Remittance
Bank
Fintech
Logistics
Shipping
Retail
FAQs
We already have some policies in place. Why do we need new or updated ones?
While existing policies are a good start, regulations evolve, and your business may have grown or changed. We can review your current policies, identify gaps, and ensure they are up-to-date, comprehensive, and effectively address current regulatory expectations and industry best practices. We focus on creating practical, actionable policies, not just documents on a shelf.
Can you help us implement the policies and procedures you develop?
Absolutely. Developing the documents is just the first step. We can assist with implementation by creating training materials, conducting workshops, and providing ongoing support to ensure your team understands and adheres to the new policies and procedures.
How do you ensure our policies and procedures are tailored to our specific business?
We take a consultative approach. We’ll work closely with you to understand your business operations, risk profile, and regulatory obligations. This allows us to create policies and procedures that are not only compliant but also practical and aligned with your specific needs.
What kind of controls can you help us implement?
We can help you design and implement a range of controls, including preventative, detective, and corrective controls. These can be automated or manual, depending on your needs and resources. We’ll focus on controls that are effective, efficient, and aligned with your risk appetite.
Our team has received compliance training before. Why do we need more?
Regulations and best practices are constantly changing. Refresher training is crucial to ensure your team stays up-to-date and maintains their competency. We can also tailor training to address specific areas of weakness or emerging risks.
What types of compliance training do you offer?
We offer a wide range of training programs, including online courses, in-person workshops, and customized training tailored to your specific needs. We can cover topics such as AML/KYC, sanctions, data privacy, and other relevant regulations.
Can you make compliance training engaging for our employees?
Absolutely. We believe that effective training should be engaging and interactive. We use a variety of methods, such as case studies, simulations, and quizzes, to make the learning process more effective and enjoyable.
How do you measure the effectiveness of your training programs?
We use a variety of methods to evaluate training effectiveness, including pre- and post-training assessments, feedback surveys, and on-the-job observation. This helps us ensure the training is achieving its objectives and identify areas for improvement.
What is your approach to risk assessment?
Our risk assessments are data-driven and tailored to your specific institution. We use a combination of quantitative and qualitative methodologies to identify vulnerabilities, assess the likelihood and impact of potential risks, and prioritize mitigation efforts. We consider both internal and external factors.
How can you help us mitigate the risks you identify?
Once we’ve identified your key risks, we’ll work with you to develop a comprehensive risk mitigation plan. This may involve implementing new controls, updating existing policies and procedures, or providing additional training to your staff.
Do you help with ongoing risk monitoring?
Yes, we can assist with ongoing risk monitoring to ensure that your mitigation strategies are effective and that new risks are identified and addressed promptly. We can help you establish key risk indicators (KRIs) and develop reporting mechanisms.
What types of risks do you specialize in assessing?
We have expertise in assessing a wide range of risks, including financial crime risks (AML/KYC, fraud, sanctions), operational risks, regulatory compliance risks, and reputational risks.”
Why do we need an independent review of our compliance program?
An independent review provides an objective assessment of your program’s effectiveness. It can identify gaps, weaknesses, and areas for improvement that may be overlooked by internal teams. It also demonstrates a commitment to compliance to regulators
What does an independent review typically involve?
An independent review typically involves a thorough assessment of your policies, procedures, controls, training programs, and overall compliance framework. We’ll conduct interviews with key personnel, review documentation, and perform testing to evaluate the effectiveness of your program.
What kind of recommendations can we expect from an independent review?
Our reviews provide actionable recommendations for improvement, prioritized based on risk. We focus on practical solutions that are tailored to your specific needs and resources.
How often should we conduct independent reviews?
The frequency of independent reviews depends on several factors, including the size and complexity of your business, your risk profile, and regulatory expectations. We can help you determine an appropriate schedule.
What kind of financial crime consulting services do you offer?
We offer a wide range of financial crime consulting services, including AML/KYC program development, sanctions compliance, fraud risk management, transaction monitoring optimization, and investigations support.
We're facing a regulatory investigation. Can you help us?
Yes, we have experience assisting clients with regulatory investigations. We can help you gather information, prepare responses to regulators, and develop remediation plans.
How can you help us improve our transaction monitoring program?
We can help you optimize your transaction monitoring system by refining your rules, implementing advanced analytics, and improving your alert management processes. This can help reduce false positives and improve the detection of suspicious activity.
What is your experience with different financial crime risks?
We have extensive experience working with financial institutions of all sizes and across various industries. We’ve helped clients address a wide range of financial crime risks, including money laundering, terrorist financing, fraud, and sanctions violations.
How do I get started with RemitSo?
Book a free consultation with one of our AML consultants and we’ll guide you through the process step-by-step.
Can you conduct an independent review?
Book a free consultation with one of our AML consultants and we’ll guide you through the process step-by-step.
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About Us
Your Trusted Partner in Financial Crime Risk Management
At RemitSo, we help businesses meet their compliance goals with practical solutions. Our mission is to simplify compliance, reduce risks, and support growth in regulated industries.
Our team of certified Financial crime consultants provides clear guidance on everything from policy creation to risk assessments and audit preparation. We are your reliable partner in building strong compliance frameworks.
Talk To An Expert
Talk to one of our experienced Financial Crime consultants today. We’ll help you build a
strong compliance system, avoid penalties, and stay audit-ready.
Find us
Registered Address
65 Chulia St, #46-00 OCBC Centre, Singapore 049513
Global sales and customer service
Bizzhub Aspire, 100 Feet Rd, Koramangala, Bengaluru, Karnataka 560095 India
Global Delivery Office
GN34/1, Aurora Water Front, Unit 10, Floor 16th, Sector V, Salt Lake, Kolkata 700091 India
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