03 · Audit & Assurance
AML Audit
Independent, risk-based audits of your anti-money laundering framework — testing that your systems, controls and processes meet regulatory expectations and actually work in practice.
At a glance
Overview
Proof that your controls actually work.
Regulators — and increasingly banking partners — expect an independent AML audit at regular intervals. It’s not enough to have policies on paper; you have to evidence that they operate effectively.
We deliver targeted audits of your AML/CFT framework, controls and processes, with clear, risk-rated findings and a practical remediation plan to close gaps and strengthen effectiveness.
The service in detail
An audit is only useful if it is independent, evidence-based and actionable. We test against the regulations and your own policies, sample real cases, and grade every finding by risk — so you know exactly what to fix first.
Who it’s for
Authorised and registered firms needing an independent AML audit — to satisfy the regulator, meet a banking partner’s due-diligence request, or give the board assurance ahead of growth or a transaction.
Why an independent audit
What we review
Every layer of your AML framework.
Framework & governance
AML/CFT policies, the business-wide risk assessment, roles and MLRO oversight.
CDD & onboarding
Customer due diligence, KYC/KYB, EDD triggers and beneficial-ownership checks.
Transaction monitoring
Rules, thresholds, alert handling and the effectiveness of your monitoring tooling.
Sanctions & PEP screening
Screening coverage, list management, fuzzy matching and alert disposition.
SAR & reporting
Internal escalation, SAR decision-making, quality and regulatory reporting.
Training, culture & MI
Staff training, records, management information and the wider compliance culture.
Our methodology
Rigorous, risk-based, repeatable.
A typical audit runs over three to six weeks depending on scope and firm size.
Scope & planning
Agree scope, risk focus and sample sizes; request documentation and data.
Documentation review
Assess policies, procedures and the risk assessment against the regulations.
Fieldwork & sample testing
Test real files and cases — onboarding, monitoring alerts, screening and SARs.
Findings & risk rating
Grade each issue by risk and impact, with clear root-cause and evidence.
Remediation & re-test
Agree a prioritised plan and, where needed, re-test once fixes are in place.
What you receive
Clear, defensible deliverables.
Independent audit report
A full report against the regulations and your policies.
Risk-rated findings
Every issue graded high / medium / low with evidence.
Remediation roadmap
A prioritised, practical plan with owners and timelines.
Board-ready summary
An executive summary the board and regulator can rely on.
Applies across
United Kingdom
European Union
CanadaEMIPSPMSBCASPKnow exactly where you stand.
Request an independent AML audit and get a clear, risk-rated picture of your controls.