What We Do
Explore Our Expertise
For two decades, Dominion has delivered the high-quality services, advice, and expertise clients require to build, strengthen, and operate effective AML and Financial Crime Compliance Programs.
- Money Laundering, Sanctions, and Fraud
- High-Risk Customer Due Diligence
- Complex/High Profile Cases
- Outsourcing & Co-Sourcing
- Inventory, Backlogs, & Overflow
- Monitoring, Investigation, and Reporting operations
- High-Risk Customer programs
- Information and Management Reporting
- Staffing Plans and Models
- Screening and Monitoring Operations
- Suspicious Activity Investigation Operations
- Quality Control, Training and Testing
- High-Risk Customer Risk Management
- Mergers & Acquisition Program Integrations
- Regulatory Actions
- Law Enforcement Inquiries
- Internal Audit Response
Focus, Expertise, Quality
We Are Dominion Advisors
At Dominion, we operate on the core principle that the purpose of AML law and regulation is to identify, investigate, and report suspicious activity. Get this right, and institutions and organizations operate without interruption. Get this wrong, and regulatory, legal, and professional penalties await.
Since 2005, Dominion has worked on dozens of widely known AML regulatory and enforcement matters involving financial institutions of all sizes, conducted hundreds of thousands of investigations, built and strengthened numerous detection and reporting operations, and improved compliance programs. Our two decades of focused, specialized, and tested AML and Fraud investigation, operations, and compliance experience is unmatched by any firm, anywhere.
The Dominion Difference
Dominion’s impact shaped AML compliance.
Focus & Expertise
20+ years. Hundreds of thousands of investigations. Tens of thousands of SARs. Building and strengthening monitoring, investigations, due diligence, and reporting programs. Our deep understanding of all risk identification and suspicious activity operations means we assess, diagnose, and correct issues fast, like a trusted mechanic or skilled engineer. We see risks others don’t. There are things only experience teaches. And Dominion has that experience.
Owned by our founders since 2005 and managed by the same core team for over a decade, Dominion is not a tiny part of a large accounting, audit, tax, strategy consulting, or offshore business process operation. Nor are we owned or funded by private equity investors pushing growth above all else. We answer only to our clients and ourselves. We’ve built a company whose incentives align entirely with our clients.
Our Staff and Investigators
Our key management and staff stick with Dominion and our clients. Our senior employees have been with Dominion for an average of 7 years and many since we started in 2005. This means we ramp up fast, have little to no turnover on our client engagements, and deliver superior and uninterrupted work product, all of which makes Dominion the most cost-effective investigations provider in the market. Work done right the first time.
Our Track Record
No firm compares to our two-decade record of helping clients build and strengthen AML, Sanctions, and Fraud investigation programs, complete alerts and cases, and prepare SARs. We train our client’s investigators, implement QC programs, and assist AML officers in working with auditors, regulators, and boards of directors. Our clients pay us the highest compliment – their referrals remain our top source of new business.
Big & Small Cases
Since 2005, Dominion has been called to investigate some of the most noteworthy (and newsworthy) corruption, Politically Exposed Persons, sanctions, and money laundering cases of the past 20 years. We work with outside counsel and executive management on matters of extreme interest to regulatory agencies, the Department of Justice, and Congress. Alongside these complex investigations, our team has investigated more than 300,000 cases, 25,000 High-Risk Reviews and prepared 50,000+ SARs.
Fast and Easy
With two decades of achievement, we know how to run highly effective and efficient operations. As a specialized, independent firm, we work smoothly and quickly through vendor management and contracting. We ramp up fast, know what’s around the corner, what issues can become problems, and adjust before increasing risks and costs. Experienced staff and management know that doing the right work the right way the first time saves money, reduces risk, and protects our clients and their staff.
Years Delivering the best AML services
AML & Fraud Investigations
High Risk Reviews
Meet the professionals that make Dominion the top choice of organizations needing the best AML and Financial Crime Compliance Investigations and Advisory services.
Our Recent Cases
Explore our recent Investigation and Advisory work. See how we help address our clients’ AML and Financial Crime Compliance challenges.
At the outset of the Ukraine–Russia conflict, a large U.S.-based wealth management firm with many international clients and alternative investment fund accounts became concerned about the risk of indirectly holding and managing funds from sanctioned individuals and entities.
Uncovering potential nested accounts and unknown beneficial owners required considerable data mining skills, expertise, and experience unraveling complex corporate and investment fund structures in high-risk locations such as Cyprus, Switzerland, and Monaco.
The client retained Dominion’s multi-disciplinary team of technology, data extraction, and filtering experts and our senior special investigators with years of experience tracing international funds movements, alternative investment partnership understanding, and opaque ownership trails to identify, investigate, and identify several hundred entities related to sanctioned parties whose funds were hidden in limited partnerships and other hard to unravel investment vehicles.Read More
M&A – AML Program Integration
A traditional U.S. retail and commercial bank had recently acquired a bank with a growing crypto and digital assets services business with little time to conduct thorough due diligence. The acquirer bank was concerned about the unknown level of AML and fraud risk it was now responsible for identifying, assessing, and managing.
The acquirer’s AML and risk team were fully occupied with existing operations, and with the acquired bank considered extraordinarily high risk, management, the board of directors, and regulators needed to move quickly to ensure the acquired institution’s controls and compliance were bolstered immediately.
Dominion’s senior team of program experts assessed both institutions’ software systems, operations, policy, and governance structures, recommending the best from each. We then wrote the detailed integration plan and led project management, combining the two programs’ operations, systems, and governance to manage a higher-risk profile client base and product suite.
A large retail bank with over 500 branches operating in more than ten states was on the cusp of receiving a Consent Order and faced having to rebuild its AML compliance program, including increasing staffing, purchasing new software systems, and upgrading all policies and procedures.
Dominion was retained to assess, design, and staff an FIU department. At the same time, our team wrote numerous policies and procedures, tuned and tested the existing transaction monitoring system, created transaction monitoring models, conducted risk assessments, and advised management and the board of directors on its monthly reporting requirements to the regulatory agency.
We assisted the bank in hiring dozens of FIU staff and, once onboarded, trained each analyst and investigator individually and built and operated a Quality Control team, ensuring every alert and case investigation was completed correctly. Dominion wound down our operation and handed a fully functioning, fully compliant FIU to the bank.Read More
Explore Our Writings
Read our perspective on important AML and Financial Crime Compliance issues.