Together we make
We work in partnership with your business, as a natural extension to your own team.
We are a firm of independent financial crime compliance specialists with in-depth FICA knowledge from the frontline.
Our experience is real so we understand your business. We’ve run businesses, led compliance teams, worked in banks and intermediaries, engaged with the Reserve Bank, Financial Sector Conduct Authority and Financial Intelligence Centre.
This blend of real-life experience allows us to offer a pragmatic approach to help you address the range of regulatory risks particular to your organisation - without compromising quality.
You won’t find us hiding behind a distant army of advisors who struggle with the intricacies of your business. Instead you will find us where it matters. At the heart of financial crime compliance.
Through our unique and holistic approach, our range of services provide Accountable Institutions with assurance against the financial crime regulatory risks particular to your organisation aligned with the Financial Intelligence Centre Act (FICA).
Navigate the complex web of
financial crime compliance.
WHAT WE DO
INDEPENDENT FICA ASSURANCE & CONSULTANCY
Whether it is creating and implementing a new FICA Risk Management and Compliance Programme (RMCP) or reviewing existing policies against regulatory requirements and best practices, we use a risk-based approach (RBA) to give confidence that controls are effective, pragmatic and provide maximum oversight.
If you are looking for a retained advisor, assistance in an ad-hoc compliance project or a one-off review of your anti money laundering (AML) policies, procedures and controls then let’s start a conversation today.
But that's not all. We know how daunting regulatory compliance can be, so we can assist with ad-hoc questions or investigations around client due diligence or potential suspicious activities, as well as advise on risk associated with sanctions, domestic prominent influential persons or public officials.
FICA DUE DILLIGENCE & CLIENT FILE REMEDIATION
Client onboarding and Customer Due Diligence (CDD) are arguably the most important step in the regulatory value chain as it is the gatekeeper to the risk presented by potential Clients.
We are able to help define, document and implement an onboarding process in a pragmatic way that supports your business rather than prevents it.
But that's not all. Sometimes everyone has to stop and take stock. We can conduct an end to end review of your customer due diligence process and files to identify and redress any root causes of gaps or backlogs to achieve long-lasting regulatory compliance, whilst reducing the residuals facing your firm.
LEARNING & DEVELOPMENT
Financial crime is, by its very nature, subterranean and deliberately difficult to detect. It can only be detected by those people who interact with people or see the flows of money.
Your people are your first line of defence in fighting financial crime and it's vital that time and effort are put into helping them hone their knowledge and skills. In fact, The Financial Intelligence Centre Act (FICA) mandates that all staff of Accountable Institutions must undergo regular training around anti-money laundering and the combatting of terrorist financing.
But that's not all. As an FPI Approved CPD provider, we employ engaging, relevant and interactive techniques such as case studies, real life examples and scenarios to deliver risk and compliance training in the most practical way possible either as part of projects, workshops or bespoke in-house training courses specific to the company’s requirements.
RECRUITMENT & RESOURCING
IQ offers comprehensive and customised resourcing solutions. With a sole focus on AML, FICA, KYC and Compliance roles, we allow businesses to partner with us according to their particular requirement knowing they are working with a team that really understands their needs.
Whether you are looking for a permanent resource to join your team, or a shorter term contractor or consultant - get in touch.
But that's not all. We can also assist with training and development of staff, or help run a comprehensive onboarding programme that covers pertinent topics from FICA to Trader-based money laundering investigation skills.
“IQ have always been a great sounding board on issues relating to compliance and all the regulations around financial transactions. I have been communicating with Hawken for at least 3 years on these regulations and would not hesitate to recommend, or refer him, to anybody requiring his guidance or assistance."
LEARNING & DEVELOPMENT
MURRAY MACDONALD / CEO / VALUFIN FX
“IQ presented to our various branches throughout South Africa on FICA Compliance. The workshop content was relevant and well presented, highlighting practical examples which provided a visual of scenarios that an industry like ours could be faced with. Hawken is very engaging and easy to listen to. We would highly recommend his services, and we will continue to make use of IQ compliance in the future."
MALISSA ANTHONY / HEAD OF COMPLIANCE / BRENTHURST WEALTH