Anti-money laundering and fight against financing of terrorism
Financial transactions are regulated by legislations aimed at detecting and preventing money laundering and financing of terrorism
Hence, it is an essential component of many financial crimes, from drug trafficking to organized crime and financing of terrorism.
Companies must be particularly careful to avoid being used as a gateway into the legal economy for illicit flows. They must therefore comply with strict regulation and implement preventive measures.
Companies must also be prepared to defend themselves should they become involved in cases or allegations of money laundering.
Your challenges
Anticipating the criminal risk associated with anti-money laundering and financing of terrorism legislation
Conducting business in compliance with anti-money laundering laws
Companies must comply with all domestic and international anti-money laundering rules when conducting business. Otherwise, companies as well as executives may face severe sanctions.
Implement internal policies to detect and prevent money laundering risks
The implementation of internal policies to detect and prevent money-laundering risks to ensure safe operations.
Updating anti-money laundering compliance obligations
Updating an anti-money laundering program is a must. Such program may refer to the latest rules on international sanctions and assets freezes which can affecting various counterparties (partners, suppliers, clients). Close attention should be paid to the AML European directives and various guidelines from institution such as those issued by the FATF or the General Directorate of the French Treasury.
Determining the competence of each jurisdiction in complex international operations
Various national and international authorities may have jurisdiction in situations that may involve money laundering or terrorist financing.
Preparing for criminal proceedings
In the event of prosecution for violation of anti-money laundering obligations by regulators or judicial authorities, both domestic and foreign, the company must defend itself and its executives effectively, to avoid a conviction whose effects are often devastating, both financially and reputationally.
Our way
Assisting the company in preventing the risks associated with money laundering offences. Defending the company and its executives in the event of prosecution arising from its activities.
A strong knowledge of domestic and international criminal legislations applicable to companies
We have extensive experience in white-collar crime matters, both at the French and international levels. We closely work with a network of foreign lawyers and experts to best assist our clients across jurisdiction in shaping adequate global strategies.
Expertise in implementing preventive procedures
We assist companies in implementing or improving criminal risk prevention programs in the area of compliance, specifically money laundering, in order to prevent all risks specific to the activities of each sector or industry (Know Your Customer protocols and other forms of due diligence tailored to each industry).
Establishing an effective criminal defense strategy in the event of criminal prosecution
We assist our clients in the event of criminal proceedings by establishing a defense strategy. Our team is experienced with all French jurisdictions and authorities, including the French Financial Market Authority sanctions commission, the National Financial Prosecutor's office, TRACFIN, or international judicial cooperation.
Accolades
The firm is very adaptable to changing circumstances and able to respond quickly to increases in workload requirements.
A very good sense of the overall strategy in any case.”
CORPORATES
“ Excellent ”
★ ★ ★ ★ ★
EXCEPTIONAL WOMAN IN THE
WHITE COLLAR WORLD
