Over the past decade, a number of countries (including Kazakhstan) have passed laws obliging banks and other corporations to implement anti-money laundering programs.
The list of entities obliged to control suspicious transactions is gradually being extended by the Government. In today’s Kazakhstan, this type of control is exercised by credit institutions, professional participants in the securities market, insurance and leasing companies, pawnshops, entities involved in organising lotteries and other gambling, including electronic gambling, organisations administering investment funds or non-governmental pension funds, companies rendering intermediary services in real estate sale-and-purchase transactions, and other organisations.
Mandatory measures include establishment of customer identity, maintenance of customer-related documentation, and informing authorised law enforcement bodies on suspicious operations which may be connected to money laundering. Non-compliance with these requirements can be punished by large penalties and damages for goodwill.
Acting in line with the relevant laws and regulations, we offer our customers a comprehensive approach to solving problems related to money laundering.
We have vast experience of forensic investigations and in-depth knowledge of the industries suffering most from money laundering. All this allows us to effectively help minimise risks and prevent unfavorable consequences for our clients.
Based on the principle that prevention is better than cure, we offer a wide variety of services aimed at creating favorable conditions for defeating money laundering practices.
Services provided as part of this line include:
Support in acquisition transactions subject to anti-money laundering controls, provided by assessing the potential money laundering risks
Head of Consulting & ERS
Tel.: +7 (727) 258 13 40