AML RightSource
Budget
€10 — €0
EP Access
0
accredited persons
Staff
1
0.25 FTE
EU Grants
None
Mission & Goals
Financial Crime Specialist Consultancy aiming to support industry through its Advisory Board activities, focusing on regulatory change, cooperation, consultation, provision of pro bono support with data and analytics, strategy and expertise in financial crime and regulatory topics. We are a 7000 people strong specialist consultancy that has created an advisory board to further fight against financial crime jointly with clients at the cost of our organisation. We already have the usual marketing activities of thought leadership and presence in conferences, etc., but we believe that the best way to promote our company from here is through providing support to the industry, by supporting our clients, prospects, colleagues in the industry, regulators, governmental organisations and other players in the area of crime prevention without seeking direct returns for this support. Therefore, the activities we wish to engage in with the EU are not of commercial nature.
EU Legislative Interests
AMLAR and any Financial Crime prevention related laws, policies and regulation.
Communication Activities
We do not currently have any specific campaigns but would like to engage with AMLA to offer support with data and analytics around their data gathering exercise to select the 40 directly supervised entities and those that will be left to national regulators. We are keen to share our knowledge and experience of large monitorships of banks and other institutions, testing, analytics, model risk, strategy and implementation of regulations across the globe. We are an organisation that is neutral in this setting as we are not an obliged institution but have experience of having been there in previous roles, and we currently serve over 150 obliged institutions across the globe. Subject to what is appropriate, and subject to confidentiality and secrecy requirements, we would like to offer knowledge and staff secondments, insights, or any activities within our expertise to support a constructive build of a new regulatory regime in Europe.
Interests Represented
Promotes their own interests or the collective interests of their members
Member Of
AMLP Forum https://www.amlpforum.com AML Intelligence https://www.amlintelligence.com 1LOD https://www.1lod.com/xlod-global
Organisation Members
We are a company and do not have members, but we do have an Advisory Board where we have various serving and former financial crime experts from banks, cryptos, law firms and industry organisations. Our advisory board members are UNPAID. They do not receive payment for their work with us which consists of several hours per month.
Additional Information
Our activity is about seeking occasional contact with AMLA where and when we believe we can be of assistance with insights, expertise, connections, or people support. We do not at this stage have any clear goals or actions planned as everything is still in preparation. We have a budget for the International Advisory Board of about £25,000 but most of that is earmarked for events. Our board members are not employees and they do not receive any remuneration for the board services. All activities of the Advisory Board are not for the interest of any specific individuals nor are their organisations "members" because we are not an industry body. We have no lobbying function nor do we intend to lobby the EU in any organised manner. We intend to provide expertise and support if and where and when appropriate.
Commissioner Meetings
No recorded meetings with EU commissioners.