Money laundering is a crime that involves concealing the illegal origin of funds derived from illicit activities, aiming to integrate them into legal or illegal transactions. This offense poses significant risks for businesses, especially those in financial sectors or activities classified as vulnerable by authorities.
At Cosío & Asociados, we offer advice and representation to companies in the public, private, and social sectors in proceedings initiated by the Financial Intelligence Unit (UIF) and the National Banking and Securities Commission (CNBV).
Our Anti-Money Laundering Services Include:
- Compliance Programs
We design internal AML compliance programs and control systems for processes such as account opening and closing, customer risk assessment (due diligence), internal controls, and enhanced policies aligned with the applicable legal framework. - Risk Matrices and AML Controls
We evaluate internal risk control processes to identify areas vulnerable to money laundering. We document key business units and provide specific recommendations for improvement. - We advise our clients on improving customer identification, detecting ultimate beneficial owners of accounts, and understanding the methods used by money launderers to evade controls.
Asesoramos a nuestros clientes para mejorar la identificación de sus clientes, detectar beneficiarios finales de cuentas y comprender los mecanismos utilizados por los lavadores de dinero para evadir controles.
With our support, your processes will comply with current regulations, reduce risks, and strengthen the trust of your partners and clients.
