AML/CFT

Comprehensive and expert legal support is particularly important today, when AML/CFT compliance is under increased regulatory scrutiny and the regulatory landscape has become increasingly extensive and detailed.

As part of our AML/CFT services, we focus on the following aspects:

• preparation of legal opinions on selected AML/CFT regulatory issues, in particular the application of AML/CFT legislation to specific business models, including financial or other services provided from abroad;
• advise and assistance in the development and implementation of new, or review and revision of existing internal AML/CFT policies and procedures, including risk assessment, to comply with the requirements of Czech legislation, guidelines and expectations of supervisory authorities, as well as international standards, which is crucial especially for clients with cross-border operations;
• drafting or revision of questionnaires and other documentation to obtain all required information on clients for proper assessment of related risks;
• conducting audits of internal AML/CFT systems;
• ongoing monitoring of legislation, guidelines and opinions of supervisory authorities and assistance with implementation of their modifications into clients’ internal regulations and procedures, 
• support in compliance with information obligations towards supervisory authorities;
• assistance during inspections of supervisory authorities and representation of clients before relevant authorities or courts;
• organisation of seminars and training sessions on current legal issues and the latest trends in AML/CFT, including practical examples, tailored to the requirements and needs of each client.