Financial institutions and designated non-financial entities in the Cayman Islands must appoint an Anti-Money Laundering Compliance Officer (AMLCO) and a Money Laundering Reporting Officer (MLRO). GCS Advisory prides itself on providing quality and customized solutions tailored specifically to your organization’s needs. GCS appreciates that not all businesses require a full-time compliance officer or that they require an outsourced arrangement for independence and that is exactly where GCS can help.
- Anti-Money Laundering Compliance Officer (AMLCO)
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We have a team of highly qualified AML professionals that can be appointed as your designated Anti-Money Laundering Compliance Officer (AMLCO), providing you with comfort and the necessary oversight to meet your regulatory obligations. Our professionals are well versed in a vast range of regulated industries, ensuring that your designated officer understands your business and obligations.
- MLRO and Deputy MLRO
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The MLRO acts as the point of contact for all suspicious activity reports and is required to report any suspicious activities to the relevant authorities in the Cayman Islands. GCS can help you fulfil your legal requirement and accept appointments to act as the Money Laundering Reporting Officer (MLRO), and Deputy Money Laundering Reporting Officer (DMLRO) with a highly qualified and experienced team member.
- Ad Hoc Compliance Consulting
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There are many advantages to outsourcing portions of your AML compliance program to GCS. GCS can help supplement your existing efforts and provide tailored solutions to fit your business needs by assisting with due diligence documentation reviews and providing a high level of support and advice on compliance, AML and corporate governance matters.
