Who are we?

A modern entrepreneur is challenged with many tasks, like how to start a business with little money, where to find professional personnel, how to find a supplier you can trust, how to cover all the losses and keep your head above water, and how to comply with all the requirements of the regulatory institutions, including those in the field of anti-money laundering (AML/CTPF).
ML/TPF risks are the risks you cannot see and cannot touch, but that doesn’t mean they don’t exist. Money laundering often goes hand in hand with smuggling, illegal arms trade, embezzlement, insider trading, corruption, cybercrime schemes. That risk exposure also includes organized crime, like human trafficking, smuggling of arms or drugs, organized sex trade.
However, entrepreneurs often do not pay proper attention to ML/TPF and sanctions lists, which is largely due to lack of resources. But one should always keep in mind that each entrepreneur must assess their risks of being involved in a scheme of illicit transactions or sanctions’ violation, because one could even be unaware of that, which will inevitably result in fines, lost reputation, criminal prosecution or even jail time.
If each and every one of us took their time and effort to mitigate ML/TPF risks, this problem on a global scale would be less of an issue.
Keep in mind that with every step you make to mitigate ML/TPF risks, you help the world to take one more step in combatting ML/TPF.
Our objective is to ensure that using our quick and convenient high-quality services you are in compliance with all the KYC requirements set by respective law.
We will help you to identify and manage the ML/TPF and sanctions risks, allowing you to focus on other, no less important matters of your core business.
Our team consists of Certified Anti-Money Laundering Specialists (CAMS) having more than 10 years of experience in the field of compliance with AML/TPF and Sanctions Law for companies that are subjects of these laws.
In the course of our professional experience, we have been cooperating both with local companies and organisations, and with well-known companies and advisors on the international market.

Services

Elina Nebritova

Being a Certified Anti-Money Laundering Specialist (CAMS) and member of ACAMS, Elīna has more than 15 years of work experience in banking and finance, where she has accumulated extensive knowledge about compliance with anti-money laundering regulations, as well as has gained experience in implementation of internal control system and transaction monitoring. Elīna has been participating in various local and international projects related to prevention and management of ML/TPF risk, including management of sanctions risks. She has been managing and participating in various projects related to development, assessment and improvement of internal control systems.

We offer:

Other services

• Internal control system’s quality assurance.
• Enhanced due diligence of various factors increasing ML/TPF and sanctions risks, as well as drafting the assessment reports.
• Advisory related to compliance with AML/CTPF and sanctions regulations.
• Support and/or representing the client during the independent AML/CTPF reviews carried out by the competent supervising institutions.


Client’s and their business partner’s risk assessment

Due diligence of the client and their business partner before commencement of business relationship and at any further stage.


Assessment of transactions

• Transaction monitoring for the particular period of time, including identification of economic essence of the transaction.
• Detecting and investigating suspicious transactions.


Training

• Developing training materials related to prevention of possible violations in the field of ML/TPF and sanctions.
• Carrying out the training sessions.


Assessment of information of various kinds of availability and content

• Assessment of negative information (adverse media) related to possible crimes in the field of ML/TPF
• Assessment of other types of information that can cause financial or reputation risk.


Screening against sanctions and PEP lists

Checking the client and their business partner for matches in sanctions lists at any stage of business relationships.


Risk management

• Compliance of the subject of the law with the established definition of such according to the AML/CTPF law.
• Assessment of risks of the subject of AML/CTPF Law and Sanctions Law.
• Development, implementation and maintenance of internal control system.


Implemented projects:

Representing the client

Representing the interests of the client in the course of independent reviews carried out by supervising institutions in companies offering outsourced accounting and legal services.


Full cycle of customer due diligence

Customer due diligence both for local and foreign companies, which are fully or partially subject to AML/CTPF law and/or Sanctions Law. Due diligence includes identification and assessment of possible AML/CTPF and sanctions risks, as well as assessment of all kinds of information that may affect client’s risk level.


Implementing Internal Controls

Full or partial implementation of compliance with AML/CTPF law and Sanctions Law in local companies operating in the field of outsourced accounting services, mediation in real estate transactions, legal and tax advisory.


Checking client database against sanctions lists

Checking gambling operator’s client database against sanctions lists, processing of the matches and drafting a report, as well as compiling “Guidelines on Sanctions”.


SIA "Regulatīvās Tehnoloģijas"
Reg. No. 40203311340,
VAT payer’s No. LV40203311340
Elizabetes iela 14-3, Rīga,
LV 1010.

Office
Elizabetes iela 23, Rīga,
LV-1010.
Blank Form (#3)