Risk consulting

Technological change and deep transformations present new and unknown risks, but also new opportunities to create value. In today’s volatile and ever more complex business environment, companies need to have confidence in their governance, risk management and internal control processes. At Forvis Mazars, we equip our clients with the knowledge, techniques, and solutions to anticipate and respond to critical challenges. We understand that firms need to be able to seize new opportunities in a quick and nimble fashion. This is why we build tailored risk management frameworks, systems and controls that are the right fit for our clients to steer them towards future success.

Our approach

We are proud of our track record in building client business resilience. We believe companies with solid risk management processes and risk registers are better able to meet the demands of customers, regulators, investors, employees and directors. With operating environments constantly shifting, we work with our clients to ensure they have the ability to spot emerging risks and to address shortcomings.

We do not believe that a ‘one size fits all’ risk management approach is the best way to protect long-term performance and innovation. That is why we take the time to understand our clients’ sectors, priorities, culture and customers before building a suitable team. Get in touch with us to get the most out of your financial risk management or operational risk management.

Please contact us to learn more about how our risk advisory services can help you achieve your business objectives while effectively managing risks and ensuring regulatory constraints.

How can Forvis Mazars help you in practice?

Based on the knowledge, expertise and competences developed in supporting the key actors in the financial market over the last years, Forvis Mazars can be your partner in the Advisory Services related to AML/CFT activities.

We provide among others, the following solutions:

• Perform AML/KYC/KYT file review (including remediation activities)
• Design or review your AML/CTF Policies & Procedures
• Design or review your ML/TF Risk Assessment or ML/TF Risk Appetite Statement
• Review the internal framework of AML/CTF roles and responsibilities and related controls
• Design or review the monitoring activities performed by your Compliance Officer / MLRO
• Assistance to the RR / RC (e.g., design or review of regular reporting)
• Design or review of AML/CTF risk-based approach for your customers / investors / investments
• Provide your Compliance Officer with constant on-demand support (“Hotline”)
• Provide annual AML/CTF training and awareness sessions
• Design or review of Transactions Monitoring / Name Screening activities
• Design or review of AML/CFT Due Diligence activities on service providers / delegates / business relationships (including KPIs and oversight dashboard)

Our Forvis Mazars Experts would be glad to assist you in complying with the existing requirements and to support you in remaining ahead of the curve.