Anti-money laundering

“Our risk management professionals of Grant Thornton can provide you with research solutions to comply with legal norms required for penal processes, civil recovery or disciplinary sanctions around the world.”

Audit
+51 1615 6864
comercial@pe.gt.com

The process of hiding or disguising assets, illegal source, movement, destination or illegal use of assets or funds originated from illegal activities to make them look as legal is knows as money laundering.

It is estimated that transactions from money laundering in Latin America are 2.5% - 6.3%
of the regional GDP. Money laundering is a specialized process and, frequently, complex to
identify. Therefore, Grant Thornton provides services of money laundering prevention
and detection, and anti-corruption practices.

Our focus proposes the design, implementation and monitoring of a compliance program through the establishment of a Management System of Money Laundering Prevention Risks.

For that purpose, we take as frame of reference the internal control and risk management of COSO (Committee of Sponsoring Organization of the Treadway Commission) and we incorporate recommendations from the Financial Action Task Force (FATF), Peruvian regulations and other
international regulations applicable to the situation, as well as leading practices that we
have identified through our experiences.

The services we provide are:

  • evaluation of implemented controls to prevent or detect money laundering and terrorism funding
  • revision of the Anti-money Laundering and Anti-terrorism Funding manual (SILAFIT in Spanish)
  • revision of warning signs for the detection of unusual and suspicious transactions, and the
    used criteria
  • revision of the transactions record
  • revision of the security procedures for the storage of physical and electronic information.