Assisted a large private equity fund-backed financial technology company with designing and implementing an anti-money laundering (AML) program so they could become an eligible lender under the CARES Act’s Small Business Administration Paycheck Protection Program (PPP). Assistance included developing policies, procedures, and processes, and designing/testing anti-fraud and AML related controls to help the client mitigate regulatory and fraud-related risks, including applicant borrowers providing synthetic/fictitious/stolen identities and/or non-existent entities, and BSA/AML regulations including KYC/CIP/CDD and suspicious activity monitoring and reporting.

Professionisti correlati

Tutti i professionisti correlati