FINANCIAL CRIME REGULATORY & RISK MANAGEMENT SERVICES
Many institutions have disparate approaches to addressing money laundering, terrorist financing and fraud risk. Banks, large and small, have different systems, different processes, and different people whose job is to detect suspicious activity, investigate it, file SARs, recover funds, post losses and close risky accounts. For many, these separate approaches work insomuch as they are compliant and nothing catastrophic has happened to question why and how things are done. For some, these approaches have failed.

Regardless, in 2009 the inherent inefficiencies, duplicative efforts, and exorbitant costs associated with approaching financial crimes risk management in multiple ways must be questioned.

Dominion is assisting financial institutions assess the ways in which fraud, money laundering, and terrorist financing are detected and addressed to bring together multiple groups, software systems, business processes and policies into a more effective approach that will make banks stronger, better equipped to address complex markets and more successfully deal with increased regulation.

Our services include:

• AML risk assessments and program reviews
• Transaction monitoring system implementation
• Suspicious activity investigation and reporting programs
• Enhanced Due Diligence and high risk customer management
• Regulatory compliance services
• Money laundering and financial crimes investigations