Extensive experience in combating financial crimes

Financial crimes can manifest themselves in a number of ways, and can undermine your organization’s reputation, operations and customer experience. The requirements of regulators are increasing in depth and breadth, and with that, the time, rigor and cost required to run an effective and efficient compliance program is increasing as well.

Our experienced team of senior financial crime professionals provide a full-suite of services drawing on our global experience across industries and with regulators and law enforcement agencies. We can help your organization interpret and operationalize regulations, implement technology solutions and manage regulatory expectations to reduce costs, improve customer experience and safeguard against threats.
 

A complete service offering

Financial crimes services

KPMG is a recognized global leader in combating financial crimes.

  • Anti-money laundering and anti-terrorist financing (PCMLTFA/R, BSA/AML, European Union Directives)
  • Anti-corruption (CFPOA, FCPA)
  • Economic sanctions (OFAC, Global Affairs, UNA, SEMA, JVCFOA).
  • Fraud (internal and external)
  • Anti-tax evasion (CRS/FATCA, Panama Papers)

Recognized Canadian and Global experience

More than 3000+ specialists in KPMG member firms around the globe to help your organization mitigate risks.

  

Leading professionals in financial crimes and regulatory matters

Our experienced team of financial crimes professionals consists of Canadian professionals in strategic, regulatory, technical and operational matters.

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Leading professionals in financial crimes and regulatory matters

Our experienced team of financial crimes professionals consists of Canadian professionals in strategic, regulatory, technical and operational matters.

Finance

Financial industry experience

Our team has undertaken a multitude of major financial crime projects in many industries, with a focus in financial services.

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Delivering quality service

We are passionate about customer satisfaction and are committed to delivering the highest quality work while providing your organization with informed leadership in governance, risk and compliance management.

People

On-site engagement delivery by flexible delivery approach based on client needs

The team is led by senior and experienced professionals that can readily draw on specific expertise from our global financial crime teams.

Éric Lachapelle

"The sophistication of techniques implemented by criminals in the digital age is making it difficult for traditional processes and technologies to keep pace."

 

Éric Lachapelle
Partner, Forensic and National Leader in Financial Crimes

End-to-end technology and services

Our services

Our advisory services

  • Design and implementation of AML/CTF compliance programs
  • Governance and strategic planning
  • Risk identification and assessment
  • AML technology assessment and solutions
  • AML regulatory effectiveness reviews
  • Gap analysis of specific components of an AML compliance program
  • Process development and optimization
  • Preparation for regulatory examinations
  • Remediation assistance post regulatory or audit examinations
  • Development and delivery of customized training programs
  • Resource adequacy assessment

Our resource lending services

  • Processing alerts
  • Lookbacks of past periods
  • Recommendation of mitigation actions 
  • Drafting or validation of reports to regulatory officials
  • Enhanced due diligence for high-risk clients
  • Updating client profiles (KYC), determination corporate structure and holdings (beneficial owners)

Our outsourcing services

  • Complete or partial outsourcing 
  • Align our strategy to trends and your needs
  • Ongoing alliance with surveillance system vendors
  • Cloud data storage on servers in Canada
  • Alliances with Universities to develop and secure talent and expertise 
  • Bilingual and dedicated team to serve clients
  • Performance of IT processing and operational activities 
  • Usage-based and volume-based billing model

Experienced across various industries in Canada and Globally

  • Banks and credit unions
  • Securities brokers
  • Money services businesses
  • Public accounting firms 
  • Government organizations
  • Real estate brokers
  • Casinos
  • Life insurance companies
  • Precious metal and stone dealers
  • Fintech/Regtech
  • Virtual currencies 
  • Pension funds
Sue Ling Yip

"With the Canadian legislative landscape that is ever changing, organizations need to ensure they have a deep understanding of the operational impacts that regulatory amendments have on their people, processes and technologies. An agile and tactical approach to change management is no longer a luxury, it is the bare minimum to survive in this game."

 

Sue Ling Yip
Partner, Risk Consulting & Financial Crimes, KPMG in Canada

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